Latest / Philadelphia News Today | 2 Min News | The Daily News Now!
Workers Share of Wealth at Historic Low | Philadelphia News
Workers’ share of America’s economic pie hit a 75-year low, shrinking from over 65% to just 54%, as profits for CEOs and investors soar while wages stagnate. Even before the pandemic, the gap was widening — and now, nearly half of Americans feel financially worse off, with three-quarters saying their income can’t keep up with inflation. Declining union power, tax policy shifts, and a “K-shaped” recovery leave most workers behind, even as the economy grows. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN:advertise@thednn.ai This is an…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.