Workers in restaurants, bars, hotels or what is also called the “accommodation and food services” sector experienced the largest increase in average weekly wages during the quarter from April to June 2021, compared to any other sector of the US economy. These numbers, however, could be a bit misleading as this is a year-over-year comparison and many of these establishments in America had to close or operate on a limited basis from April to June due to public health restrictions. set up to control the spread of the coronavirus.
The average salary of workers including waiters and bartenders among others in this sector rose 18.4% to $ 482 per week, after falling 4.9% between the second quarter of 2019 and the same period. in 2020.
The findings are part of a Dec. 22 study conducted by Washington-based think tank Pew Research Center.
Big increases, always low pay
Despite recent wage increases, this sector remained the lowest paid. Jobs in the hotel and restaurant industry contracted 38% in the quarter of the previous year. When restaurants and hotels reopen,
The real winners of the pandemic salary were local couriers and delivery workers, whose average weekly salary more than doubled to $ 1,437, from $ 680 in the second quarter of 2021 compared to the same quarter in 2019.
Nearly two-thirds of U.S. private sector employees (63.6%) saw their wages increase by at least 5% in the second quarter of 2021 compared to the same period last year, according to the latest available data from the quarterly census of Employment and Wages, a product of the Federal Bureau of Labor Statistics (BLS).
The average salary of those working in software publishing, internet publishing and web search portals increased 12.3% to $ 2,740, between the second quarter of 2020 and the same period last year .
“Executive compensation in this industry increased an average of 12% to $ 2,513 per week between mid-2020 and mid-2021, after remaining almost stable the year before,” Pew Research reported. Center.
Lots of workers got raises
Job losses linked to the pandemic in the information and management sectors were “considerably lower” than in the food and hospitality sectors, as employees were able to work from home, according to the ‘study.
Among industries that employed more than 100,000 people, “the financial transaction clearing and processing industry” doubled the wages of its 126,000 workers to $ 4,247 from $ 2,110 in the quarter ending June 30, 2021 compared to last year.
Local couriers and delivery people saw their wages increase by 92.6%. While new car dealers and dental offices saw their salaries increase by 40.4% and 27.6% respectively.
These industries “saw the biggest wage gains between the second quarter of 2020 and the second quarter of 2021, but saw wage cuts in the first few months of the pandemic,” the Pew Research Center reported.
Wages, of course, often rise or fall depending on supply and demand. Currently, there is less than one unemployed person per available position, according to BLS data.