Construction jobs rose nearly 4% compared to last year and wages had their biggest year-over-year increase in 40 years, analysts for the Associated General Contractors of America said.
Overall construction spending was down slightly in August, while other spending was mixed and prices for materials like steel and lumber improved, according to the latest analysis by the Associated General Contractors of America.
There were around 3,200 more people working in construction in the metro Milwaukee area than there were in August of 2021, an analysis from the Associated General Contractors of America showed.
As construction companies added 16,000 jobs in August, nonresidential contractors are still limited by a lack of skilled labor according to a survey conducted by Associated General Contractors of America.
The head of a nationwide contractor association said on Thursday that a new federal rule for project labor agreements for federal projects worth $35 million or more would place burdensome restraints on contractors and hurt disadvantaged construction businesses.