Friday, March 14, 2008

Construction Workers Wages Up 4% in February

Workers in construction trades saw their average hourly wages rise 4.3% in February compare to the same month last year to $21.34, according to the Bureau of Labor Statistics. Weekly wages for the construction industry rose 4.3% year-over-year to $798.12, but that was a slight decline from January's average $802.49.
However, the BLS also reported that the Consumer Price Index had increased 4.0% in February over the same month in 2007, up 18.9% in energy, 9.0% in transportation, 4.6% in food, and 4.5% in health care over that span.

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