Compensation Has Outpaced Inflation Only For Leisure and Hospitality Workers

Compensation has risen almost 8% for every major industry since the start of the pandemic, but only leisure and hospitality workers have seen real gains.

Earnings are total compensation for private sector workers. Seasonally-adjusted change from Q1 2020 to Q2 2022. Inflation adjustment done with seasonally-adjusted Consumer Price Index for all items.
Table: Adrian Nesta Source: BLS Employment Cost Trends & BLS Consumer Price Index
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