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Construction Firms Add 15,000 Jobs In June As Hourly Wages In The Sector Risenews.agc.org/economics/construction-firms-add-15000-jobs-in-june-as-hourly-wages-in-the-sector-rise-to-37-20-as-firms-strive-to-retain-workers-amid-market-uncertainty/
540 sats \ 4 comments \ @BlokchainB 9 Jul econ
Construction sector employment increased by 15,000 positions in June as rising wages enabled the industry to add workers more rapidly than other sectors, according to an analysis of new government data the Associated General Contractors of America released today. Association officials noted that construction firms remain eager to add workers...
Article is paywalled thus I can’t get the specific details. But impressive job growth but one must wonder is this due to the immigration enforcement? I doubt it is due to organic growth.
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79 sats \ 1 reply \ @Undisciplined 9 Jul
Good point. My first reaction was that demand for construction labor must have spiked but your point makes more sense.
Demand for legal laborers increased because their main substitute is being diminished.
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42 sats \ 0 replies \ @BlokchainB OP 9 Jul
And the wages rose to $37 an hour! Further confirming the drag on wages is being lifted due to immigration law enforcement.
RIP to construction budgets
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67 sats \ 1 reply \ @kurszusz 12 Jul
This is all nice and good news! Does it seem like we are starting to emerge from the "recession"? It could be that I was wrong about my collapse theory and there won't be a huge economic crisis in 1-1.5 years!
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10 sats \ 0 replies \ @BlokchainB OP 12 Jul
True
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