Collectively Bargained First-Year Increases Remain Steady at 2.9%

Construction-industry collective bargaining negotiations completed in 2019 resulted in an average first-year increase in wages and fringe benefits of $1.67 or 2.9 percent, according to the annual year-end Settlements Report issued by the AGC-supported Construction Labor Research Council (“CLRC”).  Despite “a well-documented shortage of craft workers, this modest rate of growth in...