With labor being the greatest risk in construction, a full understanding of labor components will provide the estimator with the ability to determine a project’s labor costs as accurately as possible.
Mike Anderson says as labor rates stagnate or decline, and labor hours fall, collision shop operators need to pay attention ...
Average hourly wages increased 4.1% over the past 12 months, faster than the rate of inflation, according to the Labor Department’s January jobs report out Friday. In January alone, nonfarm hourly ...
The Labor Department on Monday took key steps to increasing the minimum wages for various federal contractors next January, effectively increasing the topline minimum wage for contract work to $17.75 ...