Report includes worker pay by trade and by metro area.
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Rising Worker Expectations
From Dec 2022 to Mar 2023, data suggests no additional increase in avg craft wages despite an 8% increase in desired wages over the same period.
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Wage Inflation vs. CPI
Skillit thinks it possible that construction wage inflation will outpace CPI (now around 5%) for at least the near future.
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Florida, Texas & Active Southern Metros
The analysis shows that as compared to Texas, as well as smaller states like North Carolina, Arizona and Tennessee, Florida metro areas tend to have larger gaps between desired and current worker pay.