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Home » Keywords: » wages

Items Tagged with 'wages'

ARTICLES

SWACCA

DOL Releases Final Davis-Bacon Modernization Rule in a Big Win for SWACCA

August 11, 2023
No Comments

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.


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AGC logo

Construction Firms Add 23K Jobs in June with 24-Year-Low Unemployment Rate and $34 Hourly Pay

Construction gains were evenly split between residential and nonresidential firms for the month, but near-record job openings at the end of May point to ongoing challenges in finding qualified workers
July 7, 2023
2 Comments

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.


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Trent Cotney Employment Law Article Employee Benefits Image

Contractor Forced to Pay More Than $360K in Damages and Back Wages

Trent Cotney
Trent Cotney
June 12, 2023
No Comments

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?


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Person Holding Hard Hat With Money Getty Images

San Diego Contractor Pays Workers $363,000 in Back Wages and Damages

June 4, 2023
One Comment

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.


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AGC logo

Construction Sector Adds 24,000 Employees in February as Rising Pay Helps Industry Attract Workers

Total construction employment hits new record high as average pay in the sector hits $33.57 an hour, but construction officials warn that labor shortages will make it hard for firms to expand further
May 12, 2023
No Comments

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.


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SWACCA

IRS Implements Prevailing Wage and Apprenticeship Requirements in the Inflation Reduction Act

April 2, 2023
No Comments

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).


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AGC logo

Construction Sector Adds 25,000 Employees in January as Firms Raise Pay Faster Than Private Sector

Industry employment hits new record amid strong demand, but firms would have hired even more workers as construction officials call for measures to enable more people to work in the industry
March 5, 2023
No Comments

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.


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AGC logo

Construction Adds 28,000 Employees in December and Raises Pay 6.1 Percent

Association survey finds contractors optimistic about adding workers in 2023 but worried about finding enough workers to fill positions; calls for immigration reform and investments in construction education
January 21, 2023
No Comments

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.


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AGC logo

Construction Adds 20,000 Employees in November as Average Hourly Pay Jumps More Than 6 Percent

But record-tying low unemployment rate of 3.9 percent and elevated number of job openings suggest construction industry continues to fall short of hiring as many workers as it needs
December 24, 2022
No Comments

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.


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SWACCA

WHD Announces Fiscal Year 2023 Davis-Bacon Wage Survey Plans

December 24, 2022
No Comments

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.


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