Labor share of output, nonfarm business
This chart tracks labor compensation as a share of U.S. nonfarm-business output. It uses BLS data via FRED and describes how measured income is divided between labor and other returns; it does not directly measure household inequality or every form of worker compensation.
What does it show?
Labor’s share of business output has trended downward over the long run.
Methodology
BLS nonfarm-business labor share index (PRS85006173) via FRED, quarterly and seasonally adjusted, with 2017 = 100. This is an index of labor's share of sector output, not labor compensation as a percentage of GDP. Every second observation is retained for display, plus the latest.