Construction hours worked increased 0.4% in April, better than a 5% annual growth pace and much higher than current overall economic growth. Average hourly earnings in construction rose 0.3% which is also much faster than wage gains in the overall economy. This is biased higher by the tilting of the work mix to heavy construction where wages are higher. While construction wages have begun to rise, the gains will be modest because of the huge reserve of employed workers.
Overall, US employers
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