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ENR > Business & Labor > 3Q Cost Report - Worker Shortages Spike Wage Hikes - ENR | McGraw-Hill Construction
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| Asteady flow of work is driving high demand for construction trades, as well as the highest wage and benefit increases in recent history for both union and open-shop workers nationwide. Wage and benefit settlements for union trades have so far produced an average first year increase of $1.90, or 4.7%, according to the Construction Labor Research Council. ...
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Construction Industry, News Articles, Business Conditions & Analysis, Markets, Finance, Costs, Legislation, Government, Management, Labor, Construction Methods, Equipment & Materials, Engineering News-Record (ENR)
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