Labor is Losing

Sorry, but here’s the truth via Tim Fernholz at Quartz:

Monday is Labor Day in the United States, the holiday that celebrates the economic contributions of workers. Measured as a share of the national economy, though, that contribution is less than anytime since 1947.

labor is losing

Josh here – the other side of this coin is that while Labor or losing, Capital is winning – big time.

Tim points out that corporate profits are 11% of GDP, the highest rate in more than three decades.

Sorry.

Source:

Two charts to ruin Labor Day: US labor is worth less than ever (QZ)

This content, which contains security-related opinions and/or information, is provided for informational purposes only and should not be relied upon in any manner as professional advice, or an endorsement of any practices, products or services. There can be no guarantees or assurances that the views expressed here will be applicable for any particular facts or circumstances, and should not be relied upon in any manner. You should consult your own advisers as to legal, business, tax, and other related matters concerning any investment.

The commentary in this “post” (including any related blog, podcasts, videos, and social media) reflects the personal opinions, viewpoints, and analyses of the Ritholtz Wealth Management employees providing such comments, and should not be regarded the views of Ritholtz Wealth Management LLC. or its respective affiliates or as a description of advisory services provided by Ritholtz Wealth Management or performance returns of any Ritholtz Wealth Management Investments client.

References to any securities or digital assets, or performance data, are for illustrative purposes only and do not constitute an investment recommendation or offer to provide investment advisory services. Charts and graphs provided within are for informational purposes solely and should not be relied upon when making any investment decision. Past performance is not indicative of future results. The content speaks only as of the date indicated. Any projections, estimates, forecasts, targets, prospects, and/or opinions expressed in these materials are subject to change without notice and may differ or be contrary to opinions expressed by others.

Wealthcast Media, an affiliate of Ritholtz Wealth Management, receives payment from various entities for advertisements in affiliated podcasts, blogs and emails. Inclusion of such advertisements does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Content Creator or by Ritholtz Wealth Management or any of its employees. Investments in securities involve the risk of loss. For additional advertisement disclaimers see here: https://www.ritholtzwealth.com/advertising-disclaimers

Please see disclosures here.

What's been said:

Discussions found on the web
  1. SEO Company in Melbourne commented on Sep 14

    … [Trackback]

    […] Find More on on that Topic: thereformedbroker.com/2013/09/02/labor-is-losing/ […]

  2. kid commented on Sep 25

    … [Trackback]

    […] Info on that Topic: thereformedbroker.com/2013/09/02/labor-is-losing/ […]

  3. 밤토끼시즌2 commented on Nov 13

    … [Trackback]

    […] There you will find 1211 more Information on that Topic: thereformedbroker.com/2013/09/02/labor-is-losing/ […]

  4. Matt Erausquin CLA Legal commented on Nov 26

    … [Trackback]

    […] Read More here to that Topic: thereformedbroker.com/2013/09/02/labor-is-losing/ […]

  5. Regression Testing Definition commented on Nov 28

    … [Trackback]

    […] Information on that Topic: thereformedbroker.com/2013/09/02/labor-is-losing/ […]

  6. DevOps solutions and services commented on Dec 01

    … [Trackback]

    […] There you will find 13144 more Info on that Topic: thereformedbroker.com/2013/09/02/labor-is-losing/ […]

  7. pure hemp commented on Jan 05

    … [Trackback]

    […] Read More on to that Topic: thereformedbroker.com/2013/09/02/labor-is-losing/ […]

  8. Online gun sales commented on Jan 27

    … [Trackback]

    […] Read More to that Topic: thereformedbroker.com/2013/09/02/labor-is-losing/ […]