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From the monthly archives: June 2018

We are pleased to present below all posts archived in 'June 2018'. If you still can't find what you are looking for, try using the search box.

Construction Materials Prices Surge Again in May With Largest Monthly Increase in a Decade

Prices for inputs to construction materials expanded 2.2 percent in May and are 8.8 percent higher than at the same time one year ago, according to an ABC analysis of U.S. Bureau of Labor Statistics data. This represents the largest monthly increase in 10 years (since May 2008). Nonresidential construction input prices increased 2.3 percent for the month and 8.9 percent for the year. Read the rest of entry »

Study: Minnesota Prevailing Wage Calculation Process Flawed and Outdated

A study released by the Minnesota Center for Fiscal Excellence found that the prevailing wage determination process utilized by the Minnesota Department of Labor and Industry leads to inaccurate wage rates on construction projects. A disproportionate 75 percent of prevailing wages reflected union rates in the period analyzed in the study, even though just 32 percent of private construction workers in Minnesota belong to a union. Read the rest of entry »

Breaking News: Michigan Votes to Repeal Prevailing Wage Law

The Michigan Legislature voted to repeal Michigan’s prevailing wage law, a 50-year-old law that overcharges taxpayers on public construction projects and limits competitive bidding opportunities for Michigan workers. The historic vote makes Michigan the 24th state without a prevailing wage law.  Read the rest of entry »

DOL Secretary Acosta and Rep. Foxx Tour ABC Member Jobsite

On May 31, U.S. Department of Labor Secretary Acosta and Rep. Virginia Foxx (R-N.C.), chairwoman of the House Education and Workforce Committee, visited a jobsite of Omega Construction, an ABC member headquartered in Winston Salem, N.C. Secretary Acosta and Rep. Foxx toured the Hotel Indigo renovation, guided by Omega Construction President Barry Hennings, and met with employees and apprentices. Read the rest of entry »

Administration to Issue 15,000 More H-2B Visas

On Friday, June 1, the U.S. Department of Homeland Security (DHS) announced that it would provide an additional 15,000 H-2B visas for non-agricultural seasonal workers. Earlier this year, Congress included a provision in the Fiscal Year 2018 omnibus spending bill that allowed for DHS to increase the number of H-2B visas above the 66,000 statutory cap. Read the rest of entry »

Construction Adds 25,000 Jobs in May

The U.S. construction industry added 25,000 net new jobs in May, according to ABC’s analysis of data from the U.S. Bureau of Labor Statistics. This follows a 21,000 net job gain in April (revised upward from 17,000). The industry has gained 286,000 jobs on a year-over-year basis, the largest such increase since April 2016. Read the rest of entry »

April Construction Unemployment Rates Down Year Over Year in 19 States

Estimated April construction unemployment rates fell in 19 states on a year-over-year basis, were unchanged in four states and rose in 27 states, according to an analysis of U.S. Bureau of Labor Statistics data released by ABC. Read the rest of entry »

Nonresidential Construction Remains Unchanged in April

Nonresidential construction spending remained unchanged in April on a monthly basis, according to an ABC analysis of U.S. Census Bureau data. However, year-over-year spending was up a sturdy 6.1 percent. Read the rest of entry »