According to the Labor Department's latest stats, the "labor share" dropped to 53.8% last quarter—down from 54.6% the previous quarter and way below the 55.6% average we've seen since the 2020s.
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According to the Labor Department's latest stats, the "labor share" dropped to 53.8% last quarter—down from 54.6% the previous quarter and way below the 55.6% average we've seen since the 2020s.