Comments on: Residential Building Wages Continue to Increase https://eyeonhousing.org/2024/01/residential-building-wages-continue-to-increase/ National Association of Home Builders Discusses Economics and Housing Policy Tue, 07 May 2024 19:00:59 +0000 hourly 1 By: Jing Fu https://eyeonhousing.org/2024/01/residential-building-wages-continue-to-increase/#comment-2233980 Thu, 18 Jan 2024 18:06:58 +0000 https://eyeonhousing.org/?p=34498#comment-2233980 In reply to Bepin Mgushi.

Thanks for your comments.

The data used in this article are released by the U.S. Bureau of Labor Statistics (BLS). The Current Employment Statistics-National (CES-N), conducted by the BLS, produces the national estimates of earnings of workers on nonfarm payrolls by detailed industry. Residential building workers mentioned in this article not only include helpers, laborers, but also others engaged in new work, alterations, demolition, repair, maintenance, and similar activities, whether working at the site of construction or in shops or yards at jobs (such as precutting and preassembling) ordinarily performed by members of the residential construction trades.

Also, please keep in mind that these data are national data, each county, metro area, and state may vary.

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By: Bepin Mgushi https://eyeonhousing.org/2024/01/residential-building-wages-continue-to-increase/#comment-2233979 Thu, 18 Jan 2024 14:35:43 +0000 https://eyeonhousing.org/?p=34498#comment-2233979 Not sure if the article refers to an entry level position like “helper” or a carpenter. Obviously, they are paid much differently and therefore the data in the article is a bit misleading. Any further detail much appreciated.

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By: Eduard https://eyeonhousing.org/2024/01/residential-building-wages-continue-to-increase/#comment-2233978 Mon, 15 Jan 2024 17:31:08 +0000 https://eyeonhousing.org/?p=34498#comment-2233978 Interesting read on the continued rise in residential building wages. As construction costs climb, securing favorable construction loans becomes crucial for builders to navigate the evolving landscape and ensure project viability. The intersection of labor trends and financing dynamics is pivotal for sustainable growth in the construction industry

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