Portside

Working people’s share of national income has fallen to a record low, even as corporate profits soar to unthinkable new heights. The trend reflects decades of eroded worker power, and reversing it will take a revitalized labor movement.

According to the US Department of Labor, the affected employees worked at the firm's offices in California, Illinois, Nebraska and New York.

Overall, American families are paying an annual $6,000 subsidy to corporations that have doubled their profits and cut their taxes in half in ten years while cutting 2.9 million jobs in the U.S. and adding almost as many jobs overseas.