By Josh Harkinson at Mother Jones
Just in time for Labor Day, here’s a handy illustration of how labor is getting shafted by Corporate America:
Source: Jared Bernstein, Center for Budget and Policy Priorities
The red line is the share of the economy taken up by wages, salaries etc. The blue line is the share taken up by corporate profits. So the graph shows that corporations have bounced back from the recession even as workers’ share of the economic pie continues to narrow.
Continue reading: Chart: Happy Labor Day! (If you’re a CEO) | Mother Jones.
