Yup, glaring evidence of not quite knowing what she’s talking about:
Labor’s share of income measures the percentage of corporate profits that go to pay wages to employees – as opposed to enriching shareholders and other owners.
In 2013, labor’s share of income fell to 72.7%, according to the Economic Policy Institute. In the first half of 2014, however, the number spiked up.
No, just no.
The labour share of income is, as the EPI has measured it here, the share of corporate income, not profits, that goes to labour. As, actually the EPI report itself says:
The figure below shows a particularly stark measure: the share of corporate sector income accounted for by workers’ wages and benefits.
Obviously, I know that you don’t need to know much economics to write for The Guardian but not being able to understand what you’re copying out is still pretty bad.