US Wages Fall to Their Smallest Share of National Income in 75 Years

US Wages Share of GDI at 75 Year Low

New data from the U.S. Bureau of Economic Analysis, charted on FRED, shows that wages and salaries paid to workers dropped to 42.0% of gross domestic income in 2025 — the lowest level in roughly 75 years. The share has slid steadily from 43.5% in 2021, a quiet but striking shift in how the fruits of the American economy are divided.