The Construction Labor Research Council (CLRC), a longstanding MCAA partner, reports an average increase of 4.7 percent in the first year of new settlements reached in 2024 for union craft workers in the construction industry, the same as in 2023. The findings appear in the CLRC 2024 Year End Settlements Report. The report covers the first year of newly bargained settlements to assist readers in understanding current trends. It also covers all years of negotiated settlements to assist in projecting future labor costs.
In addition to a general overview, the report provides various detailed data cuts, including by geographic region and specific craft.
For additional information, contact Carey Peters, Executive Director, at 202-347-8440 or clpeters@clrcconsulting.org.
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