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Various news outlets have reported that most employers are only planning to increase salaries by an average of 4% in 2024, which is a slight decrease from the average raise in 2023 at about 4.3%.
Construction workers work on the roof of a house being built in Alhambra, California on September 23, 2024. (Photo by FREDERIC J. BROWN/AFP via Getty Images) (FREDERIC J. BROWN via Getty Images)
The federal minimum wage remains at $7.25. But in the 22 states boosting pay, the higher cost of labor adds up.
Supporters point to research indicating that "prevailing wage laws boost worker productivity, reduce injury rates, and increase apprenticeship training, which helps to address the shortage of skilled labor in construction" and additional argue that prevailing wage requirements narrows racial pay gaps. [12]
In 1927, a contractor employed African-American workers from Alabama to build a Veterans' Bureau hospital in the district of Congressman Bacon. [6] Prompted by concerns about the conditions of workers, displacement of local workers by migrant workers, and competitive pressure toward lower wages, [7] Bacon introduced the first version of his ...
The Tax Relief for American Families and Workers Act is a $78 billion package that would expand the Child Tax Credit (a tax benefit that provides money to parents), restore business tax breaks, increase federal funding for states to encourage the development of low-income housing, deepen economic ties between the United States and Taiwan and end a pandemic-era employer tax benefit.
An estimated 6,000 construction workers by suicide in 2022, an increase from 2021, according to the most recent data available. That compares to around 1,000 who died from a construction work ...
Construction Workers of the Republic of Argentina: UOCRA: Argentina Construction Workers' Union: BMS/CWU: India Construction, Building Materials, Ceramic and Craft Union: OGB-L: Luxemburg Construction, Industry and Water Supply Federation: FCIW-PODKREPA: Bulgaria Construction, Public Works, Wood and Allied Union of Cameroon: FSTBC: Cameroon ...