ARTBA Labor Report May 2014

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ARTBA Labor Report May 2014

  1. 1. © 2014 by the American Road & Transportation Builders Association (ARTBA). All rights reserved. No part of this document may be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without prior written permission of ARTBA. 1219 28 th Street, N.W., Washington, D.C. 20007 • Tel: 202-289-4434 • Fax: 202-289-4435 • www.artba.org Economics & Research Mar-14 Mar-13 Gain/ Loss % Change Highway, Street & Bridge Contractors - All Employees 255.7 243.4 12.3 5.1% Highway, Street & Bridge Contractors - Production Workers 197.8 188.5 9.3 4.9% Stone Mining & Quarrying 37.6 37.1 0.5 1.3% Construction Sand & Gravel Mining 23.1 22.8 0.3 1.3% Ready-Mix Concrete 76.4 77.5 -1.1 -1.4% Construction Machinery 72.5 73.4 -0.9 -1.2% Transportation Construction & Related Industry Employment (in thousands) 285.2 252.5 236.5 236.0 246.7 243.4 255.7 0 50 100 150 200 250 300 350 400 2008 2009 2010 2011 2012 2013 2014 Highway, Street & Bridge Contractors Total Employment - March (in thousands) 227.2 196.1 178.5 182.6 193.1 188.5 197.8 0 50 100 150 200 250 300 350 2008 2009 2010 2011 2012 2013 2014 Highway, Street & Bridge Production Worker Employment - March (in thousands) $21.05 $22.12 $22.47 $22.40 $23.35 $23.53 $23.63 $21.44 $22.49 $23.01 $23.38 $23.82 $24.11 $24.44 $16 $18 $20 $22 $24 $26 $28 $30 2008 2009 2010 2011 2012 2013 2014 Average February Hourly Wage of ProductionWorkers in Highway, Street& Bridge Construction vs.All Construction (not seasonally adjusted) Highway, Street & Bridge Hourly Wage Construction Average Hourly Wage -15% -10% -5% 0% 5% 10% | 2008 2009 2010 2011 2012 2013 2014 Annual Percent Change - Highway & Bridge Contractor Employment - 2008 through YTD Prepared by ARTBA: The Leading Source of U.S. Transportation Construction Market Research Transportation Construction Employment Increased in March 2014 There were 255,700 workers employed by highway and bridge contractors in March 2014. Employment in highway and bridge construction rose by 5.1 percent in March 2014 compared to March 2013, an increase of about 12,300 workers. TTRRAANNSSPPOORRTTAATTIIOONN CCOONNSSTTRRUUCCTTIIOONN IINNDDUUSSTTRRYY EEMMPPLLOOYYMMEENNTT AAPPRRIILL 22001144
  2. 2. © 2014 by the American Road & Transportation Builders Association (ARTBA). All rights reserved. No part of this document may be reproduced or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without prior written permission of ARTBA. 1219 28 th Street, N.W., Washington, D.C. 20007 • Tel: 202-289-4434 • Fax: 202-289-4435 • www.artba.org Economics & Research Mar-14 Mar-13 Gain/ Loss % Change Highway, Street & Bridge Contractors, Avg. Weekly Hours 41.8 41.4 0.4 1.0% Construction Industry Production Workers, Avg. Weekly Hours 39.1 39.3 -0.2 -0.5% Highway, Street & Bridge Contractors, Avg. Weekly Earnings $987.73 $974.14 $13.59 1.4% Construction Industry Production Workers, Avg. Weekly Earnings $955.60 $947.52 $8.08 0.9% Average Weekly Earnings and Hours on the Job - Production Workers Type of Contractor Mar-14 Mar-13 Gain/ Loss % Change Residential Building 622.9 574.7 48.2 8.4% Nonresidential Building 664.2 651.4 12.8 2.0% Highway, Street & Bridge 255.7 243.4 12.3 5.1% Utility System Construction 423.4 424.1 -0.7 -0.2% Land Subdivision 42.9 40.0 2.9 7.3% Other Heavy Construction 100.4 94.2 6.2 6.6% Building Foundation & Exterior Contractors 673.4 657.4 16.0 2.4% Building Equipment Contractors 1,742.0 1,694.5 47.5 2.8% Building Finishing Contractors 639.2 633.2 6.0 0.9% Other Specialty Trade Contractors 490.6 488.0 2.6 0.5% Total Construction Industry 5,654.7 5,500.9 153.8 2.8% Composition of Construction Industry Employment (in thousands) Residential Building 11.0% Nonresidential Building 11.7% Highway, Street& Bridge 4.5% UtilitySystem Construction 7.5% Land Subdivision 0.8% Other Heavy Construction 1.8% Building Foundation& Exterior Contractors 11.9% BuildingEquipment Contractors 30.8% BuildingFinishing Contractors 11.3% Other Specialty Trade Contractors 8.7% Composition of Construction Industry Employment - March 2014 Source: U.S. Bureau of Labor Statistics TTRRAANNSSPPOORRTTAATTIIOONN CCOONNSSTTRRUUCCTTIIOONN IINNDDUUSSTTRRYY EEMMPPLLOOYYMMEENNTT AAPPRRIILL 22001144

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