Revelio Labs
Is worker power coming back? Monopsony in the US labor market

Scatter plot of within-occupation change in markdowns between pre-AI (2016-2022) and post-AI (2023-2025) periods against AI exposure score among occupations.

Employer wage-setting power has fallen since 2022, and AI exposure may be part of the story

Scatter plot of within-occupation change in markdowns between pre-AI (2016-2022) and post-AI (2023-2025) periods against AI exposure score among occupations.
Figure 5. Scatter plot of within-occupation change in markdowns between pre-AI (2016-2022) and post-AI (2023-2025) periods against AI exposure score among occupations. Source: Revelio Labs, November 2026

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