Articles Tagged with ''wages''

The U.S. Department of Labor released its 812-page pre-publication version of the final rule to modernize Davis-Bacon prevailing wage that SWACCA has been engaged on dating back to the Biden presidential transition. The final rule represents the most sweeping overhaul of Davis-Bacon regulations since the Reagan Administration.

The construction sector added 23,000 jobs in June while the sector’s unemployment rate fell to the lowest rate ever for the month and pay levels in the industry continued to rise, according to an analysis of new government data the Associated General Contractors of America released today.

If you are an employer, you know there are strict laws about minimum wages and overtime. But what about the time your workers spend preparing for a job or being trained?

The U.S. Department of Labor forced a San Diego contractor to pay thousands of dollars to employees for back wages and liquidated damages, reported Amber Coakley of Fox 5 San Diego.

Construction firms added 24,000 employees in February, as hefty pay raises for hourly workers enabled the industry to increase employment more steeply than other sectors, according to an analysis by the Associated General Contractors of America of new government data.

The Internal Revenue Service issued Notice 2023-18 to establish the Inflation Reduction Act program to allocate $10 billion of section 48C (Qualifying Advanced Energy Product Credit) credits for qualified investments in eligible qualifying advanced energy projects (the section 48C(e) program).

Construction firms added 25,000 employees in January and raised wages for hourly workers more steeply than other sectors, according to an analysis by the Associated General Contractors of America of new government data.

Construction firms added 28,000 employees in December and continued to raise wages for hourly workers more than other sectors, as the industry’s unemployment rate fell to a record low for the month, according to an analysis by the Associated General Contractors of America of new government data.

Construction companies added 20,000 employees in November and continued to raise wages for hourly workers more steeply than other sectors as the industry’s unemployment rate tumbled, according to an analysis by the Associated General Contractors of America of new government data. Association officials said the data shows that firms would have added significantly more workers if they could find more people to hire.

The U.S Department of Labor’s Wage and Hour Division announced it will be asking the building construction industries to participate in Davis-Bacon Act wage surveys in FY 2023 to help the agency establish prevailing wage rates, as required under the Davis-Bacon and Related Acts.