Posts Tagged ‘worker income’
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