Employment costs in construction

Harris, William; Trueblood, Amber Brooke; Yohannes, Thomas

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Employment costs in construction

July 2023
By Harris, William ; Trueblood, Amber Brooke ; Yohannes, Thomas

[PDF-1.94 MB]

English

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Details:

Personal Author:

Harris, William ; Trueblood, Amber Brooke ; Yohannes, Thomas

Harris, William ; Trueblood, Amber Brooke ; Yohannes, Thomas Less -
Corporate Authors:

CPWR--The Center for Construction Research and Training. ; National Institute for Occupational Safety and Health.

CPWR--The Center for Construction Research and Training. ; National Institute for Occupational Safety and Health. Less -
Description:

"This issue examines employment costs in the construction industry through four pay measures: Employment Cost Index, compensation costs, average hourly earnings, and average hourly wage. Employment costs are important to both construction employers and employees, providing a keyway to monitor the health of the labor market. Particularly with current labor shortages, understanding compensation in construction, including historical trends, may also guide future wage and benefit decisions and help attract and retain more workers. This Data Bulletin examines employment costs in the construction industry through four different pay measures: the Employment Cost Index, compensation costs, average hourly earnings (AHE), and average hourly wage (AHW). Data are from a variety of sources, including 1) the U.S. Bureau of Labor Statistics (BLS) National Compensation Survey, 2) BLS Current Employment Statistics, 3) BLS Current Population Survey, and 4) BLS Occupational Employment and Wage Statistics. All data sources present national trends and do not account for regional or state differences. Each data source offers a slightly different pay measure (e.g., compensation, wages) for different populations; the definitions section at the end of this report provides more information on each source. Charts 2 and 4 through 7 use the Consumer Price Index (CPI) to adjust for inflation to 2022 dollars; all other charts show 2022 dollars." - NIOSHTIC-2

DataBulletin-July2023.pdf

NIOSHTIC no. 20067980
Subjects:

[+]

Contructruction Industry Costs And Cost Analysis Employment
Document Type:

Report
Funding:

cooperative agreement OH 009762 from the National Institute for Occupational Safety and Health
Pages in Document:

7 numbered pages
NIOSHTIC Number:

20067980
Resource Number:

Cooperative-Agreement-Number-U60-OH-009762
Collection(s):

National Institute for Occupational Safety and Health
Main Document Checksum:

[+]

urn:sha-512:8a333ad6711e5c6534d70e253de26f6c2ac11d952e1a4cdd051f375c8d2914f15ff6120428d7576ef6b7ad3deb2abc34d7fae72e72e6f5749c136c67e93380b0
Download URL:

https://stacks.cdc.gov/view/cdc/130984/cdc_130984_DS1.pdf
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Employment costs in construction

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