09
Mar
17:53
US contractors' wages rise, despite labour shortage
The average US contractors' wage reached its highest point ever, at $32.11 per hour, in January, despite the industry facing labour shortages and falling employment levels, Kallanish reports.
“This is what might be expected from a strong economy operating under normal circumstances, not one facing a lingering pandemic and elevated unemployment,” explains chief construction economist Anirban Basu, for advisory firm Marcum.
According to an analysis …
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Very good overview of the weekly steel market.
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