Goldman Sachs research finds labor's share of nonfarm business income fell to a record 52.8% in Q2 2026, with about 60% of the decline driven by real structural shifts—rising corporate markups, automation, and weakened worker bargaining power—while the wealthiest 10% of househol…
Goldman Sachs: Labor's Share of U.S. Income Hits Record Low as Capital Ownership Rewards Narrow Elite
Goldman Sachs research finds labor's share of nonfarm business income fell to a record 52.8% in Q2 2026, with about 60% of the decline driven by real structural shifts—rising corporate markups, automation, and weakened worker bargaining power—while the wealthiest 10% of households own most corporate equities, leaving most Americans unable to benefit from capital gains.
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