Labor groups have been concerned with the Sprint/T-Mobile merger. The Communications Workers of America estimated around 29,000 jobs would be gone if the deal went through as stores, call centers and tower sites become redundant.

Today, a new report published by the left-leaning Economic Policy Institute is projecting that most sales employees across the industry — that includes AT&T, Verizon and many smaller carriers — could be signed on for weekly pay of 1 to 3 percent less than current rates on average.

In the 50 labor markets that will be most affected by consolidation after the merger, telecom workers across the industry could be signed for between $10 and $63 less, depending on the economic modeling — that could be as much as 7 percent of checks.

These changes assume there are no layoffs post-transaction.

Adil Abdela and Marshall Steinbaum, the study’s co-authors, write that market consolidation decreases the possibility of a worker to switch employers with the prospect of more pay. Employers would have more control over wages so as to allow workers to earn less than they are worth, a concept called monopsony.

From 2010 to 2016, mean take-home pay has surged from approximately $570 to $940 in 2018 dollars. However, weekly rates have since stagnated with the latest recorded figure being $816.50 from this August.

You May Also Like
Huawei Mate 30 Pro review

Huawei Mate 30 Pro review: the best phone you can’t get, and that’s OK

In our Huawei Mate 30 Pro review we’re trying to answer the question of whether the phone can survive without Google support, and should you buy it?

Companies could soon get licenses to sell to Huawei

Good news for Huawei: In a recent Bloomberg interview, Commerce Secretary W. Ross said he was optimistic about reaching a “Phase One” China deal this month.

The upcoming Moto Razr has been spotted in the wild, with a huge chin

It seems that the new Moto Razr is already being caught in the wild, with a huge chin, and there’s a picture to prove it