Estimated effects of the Kroger-Albertsons merger on grocery store workers
|Metropolitan areas affected||55|
|Grocery store workers affected||746,000|
|Annual grocery store worker wages ($)||$26,331,983,000|
|Annual wage losses ($)||$334,020,000|
|Annual wage losses (percent)||1.3%|
|Annual wage losses per worker ($)||$450|
Notes: Total number of metropolitan areas, grocery store workers, and annual wage bill from 2022 Q1–2022 Q3 Quarterly Census of Employment and Wages and Kroger and Albertsons store locations, where grocery store workers are defined as NAICS 4451. Wage losses calculated as described in the text, from estimated concentration changes due to the merger, assuming a -0.04 elasticity of wages with respect to concentration.
Source: Author's analysis of Bureau of Labor Statistics Quarterly Census of Employment and Wages (QCEW) data series.