U.S. workers took home their smallest share of capital since at least 1947
Recent data shows U.S. workers' compensation as a proportion of total capital has fallen to its lowest level since at least 1947. The share of national income going to labor has declined, while capital owners receive a larger portion. Experts say this reflects a broader shift toward capital‑intensive growth. The findings are based on wage and profit analyses that track income distribution trends over time.