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News for Norther Colorado and the world

Sunday, September 25, 2016

Posts Tagged ‘record levels.’

Corporate profits surge as workers’ income lags

Corporate profits surge as workers’ income lags

            Corporate profits surge as workers' income lags (And it does not create jobs) Posted: 11/27/2011 01:00:00 AM MST By Floyd Norris New York Times In the eight decades before the recent recession, there was never a period when as much as 9 percent of U.S. gross domestic product went to companies in the form of after-tax profits. Now the figure is over 10 percent. During the same period, there never was a quarter when wage and salary income amounted to less ... Full Story

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