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ryan cooper
@ryanlcooper.com

that small upward spike there in 2021-22 is like half of what drove the billionaire class completely nuts

Mike Konczal@mtkonczal.bsky.social

BLS this morning, with revised 2Q data: "The labor share, which is the percentage of output that accrues to workers in the form of compensation, was 52.8 percent in the second quarter of 2026, the lowest level in the series, which begins in the first quarter of 1947."

Perfect Orb 🍄
@perfectorb.bsky.social

The good employment numbers are based off of most unemployed people not receiving unemployment anymore. Also when people have multiple jobs each job is counted as 1 employed person which inflates the employment rate