The Hollowing Out of Labor in America: A New Era of Profits Over People The US economy's numbers paint a stark picture: working Americans are taking home a shrinking share of economic output.
Wages have increased just 12. 5% since the beginning of the century, while corporate profits have exploded by 600%. This trend has been quietly building for decades, but its consequences are only now manifesting.
The Amazon Paradox Amazon's record revenue and tripled number of employees on food stamps illustrate this problem. With annual profits soaring from $11. 6 billion to $77.