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There are also 32 states that have state prevailing wage laws, also known as "little Davis–Bacon Acts". The rules and regulations vary from state to state. As of 2016, the prevailing wage requirement, codified in the Davis–Bacon Act, increases the cost of federal construction projects by an average of $1.4 billion per year. [3]: 1
The federal minimum wage applies in states with no state minimum wage or a minimum wage lower than the federal rate (column titled "No state MW or state MW is lower than $7.25."). Some of the state rates below are higher than the rate on the main table above. That is because the main table does not use the rate for cities or regions.
Laborers comprise a large grouping in most national construction industries. In the United States, for example, in May 2021, the construction sector employed just over 7.5 million people, of whom just over 820,000 were laborers, while 573,000 were carpenters, 508,000 were electricians, 258,000 were equipment operators and 230,000 were ...
Alabama. Median income for ages 15 to 24: $29,426 Median income for ages 25 to 44: $29,426 Median income for ages 45 to 64: $73,784 Median income for ages 65 and over: $47,114 Trending Now ...
In 2021, a state's percentage of the construction workforce belonging to a construction union varied from a low of 1.8% (South Carolina) to a high of 34.5% (Illinois), with 25 states having lower unionization rates than the U.S. construction industry's average of 12.6%.
Wages adjusted for inflation in the US from 1964 to 2004 Unemployment compared to wages. Wage data (e.g. median wages) for different occupations in the US can be found from the US Department of Labor Bureau of Labor Statistics, [5] broken down into subgroups (e.g. marketing managers, financial managers, etc.) [6] by state, [7] metropolitan areas, [8] and gender.
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