Tag: wages

Business News Flash – National Construction News

U.S. home construction drops 0.9% in May   Number of truck drivers reaches all-time high, but driver shortage persists Source: Martin Crutsinger,  Associated Press via The Detroit News   May saw a sharp drop in construction of single-family homes. Apartment building construction actually rose during the month, but not enough to offset the decline, which analysts …

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August 2018 Jobs Report

The Bureau of Labor Statistics has released its latest jobs report. The unemployment rate held steady in August at 3.9% – the lowest since 2000. The number of unemployed workers – including the long-term unemployed – changed little compared to July. Employment rose in professional and business services, healthcare, wholesale trade, transportation and warehousing, and …

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The Decrease of Worker Salary in California’s Construction Industry

For decades, the worker salary in California’s construction industry has been trending downwards.  In 1973, the hourly wage of a U.S. construction worker was $31.84, while in 2016, the wage is $25.97 (adjusted for inflation).  Data from the Bureau of Labor Statistics and unionstats.com show the drop in construction worker pay as mirroring the reduction of worker …

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