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.

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