.ConstructConnx senior economist Michael_Guckes has a look at construction wage growth retaking the title for fastest rising cost.
January 26, 2023
Hourly construction wage data recorded a 5.8% annual gain in December 2022, according to the Bureau of Labor Statistics. Compared to just one month ago, hourly wages rose by 0.42%. In dollar-per-hour terms.These latest readings once again put wage inflation ahead of materials inflation which fell year-on-year to a recent low of 3.3% after increasing briefly by more than 30% YoY in 2021.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Lucky seven: Your 2022 VICA safety award winners - constructconnect.com - Daily Commercial NewsDespite the challenges of staying focused during the disruption of the COVID years, most B.C. construction companies were able to maintain their pre-pandemic health and safety records. Seven members of the Vancouver Island Construction Association (VICA)
Read more »
Bell Let’s Talk Day: Creating positive change on jobsites - constructconnect.com - Daily Commercial NewsTORONTO — The Bell Let’s Talk mental health initiative was launched in September 2010 and every year has focused on four pillars: fighting the stigma, improving access to care, supporting world class research and leading by example in workplace mental hea
Read more »
Climate and Construction: The greening of concrete needs to move forward faster - constructconnect.com - Daily Commercial NewsCement is the world’s second-most-consumed product after potable water, according to an article authored by McKinsey Global. It’s also a major contributor to global CO2 emissions. This has to change if global emission targets are to be met. McKinsey outl
Read more »
Willson banking on Gronkowski making field goal during Super Bowl commercialRob Gronkowski has made a habit of coming up big on Super Bowl Sunday, and fellow former NFL tight end Luke Willson doesn't see that changing.
Read more »
Clearview Commercial Realty's investment funds help expand portfolioAfter 22 years in the Calgary office of a global commercial real estate firm, Steve Vesuwalla started his own company, Clearview Commercial Realty, in 2019. A…
Read more »
Bryan Cranston & Aaron Paul Reunite In New ‘Breaking Bad’ Super Bowl Commercial TeaserLast week, PopCorners shared a first look at its upcoming Super Bowl commercial featuring Aaron Paul reprising his role from 'Breaking Bad', with a tease that Bryan Cranston would be reprising his iconic role as well. Now, the popcorn-based snack brand is sharing another sneak peek at the upcoming ad with a second video teaser.…
Read more »