Labor's share of corporate output (compensation / value added)
54.49
STALEROBUSTDRS 95quarterlyas of 2026-01-01
This tile is stale: the value shown is the last
one the source published, never a fabricated current number.
The full history
1947
high 65.82 · low 54.49 · now 54.49 · 12 recessions shaded 2026
How it is read
What it measures
workers' slice of what corporations produce
Confidence
ROBUST : a primary official series, mechanically reported.
Reliability (DRS)
DRS 95: Computed: 100 × compensation of employees / gross value added of corporate business (BEA NIPA Table 1.14, both via FRED). The standard labor-share-of-corporate-output construction: compensation carries no depreciation component, so net compensation over gross value added is the convention, not a units mismatch. Quarterly since 1947. NIPA series: revised through three monthly estimates, annual updates, and ~5-year benchmark revisions; readings can move a few tenths. The functional-distribution partner to S14; the wealth cut lives at S6-S12. Trend-dominated; decade-relative, disclosed.
Where it comes from
DERIVED ↗Every number on this site is reproducible from this primary source.
What it read at past stress points
Lehman, Sep 2008
60.40
· CALM
Q4-2018 selloff
57.42
· CALM
Curve inversion, Aug 2019
57.37
· CALM
COVID crash, Mar 2020
58.84
· CALM
Questions it helps answer
Who Gets What: Where does the wealth sit, and who keeps the output?