FWIW, the wage share declining is a result of many other factors. See here: https://www.minneapolisfed.org/article/2008/where-has-all-the-income-gone https://w

FWIW, the wage share declining is a result of many other factors. See here: https://www.minneapolisfed.org/article/2008/where-has-all-the-income-gone https://www.minneapolisfed.org/article/2008/where-has-all-th... Health insurance and other benefits, household composition have hurt wage share. Not that it didn't decline in real terms for the lower skilled workers, just less than the naive chart you put. Here is good reading on the topic (maybe my favorite paper of the last decade): https://www.nber.org/papers/w25588 https://www.nber.org/papers/w25588