A smaller piece of every US Dollar earned in the economy is going to workers: The proportion of wages and salaries in US gross domestic income (GDI) is down to ~43%, near the lowest since records began in 1929. Gross domestic income measures the total income earned across the economy, including wages, corporate profits, and investment income. This metric has been in a long-term decline since peaking at ~52% in the 1940s. By comparison, between the 1940s and the 1960s, this percentage never fell below 48%. In other words, a larger proportion of economic income is now flowing to corporate profits and investment income, rather than pay workers. The gap between corporate profits and labor income keeps widening.(The Kobeissi Letter)