- 1970s Peak: Labor reached ~64.5% of total gross economic output.
- 1990–2005 Average: Maintained ~59.8% stability before sharp secular decline.
- Current Period (BLS / NBC News): Tumbled to ~53.1% – 53.8% (lowest in 79 yrs).
The statement reported by NBC News highlights that "American workers are getting the smallest slice of the pie on record", reflecting non-farm business sector labor share tracking by the Bureau of Labor Statistics (BLS) which dates back to 1947.
For decades following World War II through the 1970s, workers received over 60–64% of gross business income. Over recent cycles, accelerated corporate consolidation, increased markups, and a structural gap between productivity gains and compensation have compressed labor's share down to approximately 53%, leaving capital, depreciation, and corporate profits claiming over 46.9% of total output.
• Bureau of Labor Statistics (BLS) Labor Productivity and Costs News Release (Historical Series PRS85006173, 1947–2026).
• NBC News Economic Analysis on Labor Share & Worker Compensation (Captured Sept 2026).