In December 2010, workers' share of GDP hits all-time low (54.4%), down from 60% in 1970

"...the end of December, the conclusion of a year in which workers' share of the U.S. economic pie shrank to the smallest piece ever: 54% of GDP, down from about 60% in the in70s"

Rana Foroohar, “Your Incredible Shrinking Paycheck: The recession is over, but its legacy of falling wages is likely to stick with us,” TIME Magazine, Feb. 28, 2011. Online link available here:,9171,2050019,00.html

[verified 4/22/14]

#economy #poverty #gdp #UnitedStates