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Scoop.it!
Bureau of Labor Statistics releases latest estimate of how much labor receives of national income, showing bleak decline 
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Scoop.it!
Auto workers, writers, actors, Starbucks workers, Amazon workers, UPS drivers, flight attendants – labor isn’t a ‘special interest’. It’s all of us
Graham Watson's insight:
Former US Secretary of Labor, Robert Reich, has a piece in today's Guardian arguing that the recent outbreak of strikes in the US is a good thing. His reasoning is that returns to workers - effectively, pay - have lagged behind returns to capital - profit - and that strikes are an attempt to correct this imbalance. He argues that the only workers to have gained are top executives - surprise, surprise - and that this needs addressing.
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This Guardian article looks at the functional distribution of income and highlights the fact that the share of income going to capital, relative to labour has risen, heightening income inequality.
In common, with most parts of the world, it seems as though productivity gains result in higher wages for executives but little change in the wages of the ordinary worker.