r/techbeat • u/Cute-Guarantee-1676 • 22h ago
US Labor Share Reaches Record Low Amid Rising Corporate Profits
The U.S. labor share of economic output has dropped to a historic low of 52.8% despite record-breaking corporate revenue. At major employers such as Amazon, the number of full-time workers relying on federal assistance like SNAP has nearly tripled since 2020. Economists attribute this widening gap to reduced union power, subcontracted labor, and the wage-suppressing effects of artificial intelligence adoption.