Wyoming News

Trends in Construction Worker Earnings

14 hours ago

Real earnings for construction workers have declined more than 10% after peaking in 2020

Source: Construction Coverage analysis of U.S. Bureau of Labor Statistics data | Image Credit: Construction Coverage

Compounding the issue, wages for construction workers have not kept pace with recent inflation. As of April 2024, the average weekly wage for full-time construction workers stood at $1,007, after adjusting for inflation. This marks a decline of over 10% from the previous 20-year high of $1,112 recorded in late 2020.

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