In recognition of the Labor Day holiday, Sarah Kliff of The Washington Post compiled some enlightening charts to illustrate how labor is faring these days.

According to Bloomberg Business Week, only 47% of persons workforce age work full time; 11% work part-time and 5% are unemployed (the unemployment rate of 7.6% is calculated differently.)  So what are the rest of people of workforce age doing?  1% is active military; 15% are retired; 3% are full-time college students; 5% are disabled and 2% are institutionalized.

What industries do we work in?  In 1940 23.4% of the predominantly male workforce worked in manufacturing and 18.5% worked in Agriculture.  Today, 23.2% work in educational services, healthcare and social assistance; 11.7% work in retail.  Manufacturing now accounts for 10.4% of the workforce.

Where do women work?  Of all the education and health services workers, 76.7% are women.  Business and professional services are now comprised of 44.3% women.  In 1972 that figure was 32.4%.  The industries with the fewest women workers?  Construction is just 12.7% female and mining and logging is 13.5%.  These numbers come from NPR's Planet Money.

The shares of Americans working more than 50 hours a week has grown in recent decades with the upper classes working longer hours.  More than 35% of professional men work over 50 hours a week; compared to lower income men who are working fewer hours overall when compared to 1977.

One last bit of bad labor news…Wages as a percent of GDP are at an all-time low - just a little over 42% compared to 1980 when they stood at 48%.