2009 Collective Bargaining Yields Lowest Increases in 13 Years
Friday, February 26, 2010
Collective bargaining negotiations completed during 2009 in the nonresidential construction industry resulted in the lowest average first-year increase in wages and fringe benefits since 1996, according to the year-end settlements report issued by the Construction Labor Research Council (CLRC). CLRC reports that the average first-year increase negotiated last year was $1.23 or 2.8 percent, as compared to $1.95 or 4.6 percent in 2008 - the highest percentage increase since 1999. The average second-year increase negotiated for multi-year agreements was $1.55 or 3.2 percent in 2009, and $2.25 or 4.7 percent in 2008.










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