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S13 · WORKERS' SLICE OF WHAT CORPORATIONS PRODUCE

Labor's share of corporate output (compensation / value added)

54.49
STALE ROBUST DRS 95 quarterly as 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?