Collective Bargaining Yields Average First Year Wage and Benefits Increase of 2.7%

Collective bargaining negotiations settled during the first three quarters of 2020 resulted in an average first-year increase in wages and benefits of 2.7 percent or $1.59, reports the Construction Labor Research Council (CLRC) in its latest Settlements Report.  This compares to an average first-year increase of 2.8 percent or $1.66 reported during the...