Construction Hourly Wages Rise 2.7% Since 2014

June 9, 2015

Average hourly earnings of all employees in construction rose to $27.34 in 2015, a gain of 2.7 percent over the past year, up from 2.3 percent in the previous 12 months and 1.3 percent from May 2012 to May 2013.

The steepest wage increases among construction segments (which are reported with a one-month lag) occurred in residential building (up 4.8 percent from April 2014 to April 2015) and heavy and civil engineering construction (up 5.1 percent), while hourly earnings rose 3.3 percent in nonresidential building and increased 1.6 percent in specialty trades (residential and nonresidential combined). 

Source: Ken Simonson, AGC of America