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Home ยป 2024 Construction Collective Bargaining Results in Significant Wage Spike, Similar to 2023
Labor & HR

2024 Construction Collective Bargaining Results in Significant Wage Spike, Similar to 2023

February 4, 2025Updated:February 25, 2025No Comments2 Mins Read
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The Construction Labor Research Council (CLRC) reports that collective bargaining negotiations for union craft workers in the construction industry settled in 2024 yielded an average wage-and-benefits increase of 4.7 percent, the same rate of increase as 2023.By dollar amount, the average first-year increase negotiated in 2024 was $2.90, down just...

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Costs Accelerate Again In July For Nonresidential Construction Materials As Tariff Drive Up Prices For Aluminum, Steel And Copper Items

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