Labor’s share of economic output just hit an all-time low, while the profit share hit a near-record. The divide helps explain why consumers feel so glum, writes @greg_ip

Labor’s share of economic output just hit an all-time low, while the profit share neared a record. It helps explain why consumers feel so glum. 2026-05-29 01:00:00 Greg Ip

Continue ReadingLabor’s share of economic output just hit an all-time low, while the profit share hit a near-record. The divide helps explain why consumers feel so glum, writes @greg_ip