By Lital Shair Nada, market research associate, ARTBA
Highway and bridge contractors added only 200 workers to their payrolls in February 2018 compared to February 2017, according to the latest data from the U.S. Bureau of Labor Statistics. This is less than 1 percent growth for the transportation construction industry.
General construction employment increased by 3.7 percent over the same time period. Looking at seasonally adjusted data, general construction employment dipped in March from the previous month. Since highway and bridge employment reporting lags a month behind in the bureau’s release, March transportation construction payroll details are not available until early May.
Employees in both highway, street and bridge construction, and in general construction, are earning more per hour than they did last year. Average hourly wages rose by 4 percent in February 2018 compared to February 2017 for both industries. On average, highway, street and bridge contractors are earning $26.46 per hour, slightly less than the $27.22 average wage for general construction.
View ARTBA’s Labor Report.