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Report: Construction Wages Lag Job Growth

NEW YORK CITY—The city's construction sector, which was battered during the recession, has recovered to a level where industry employment in Q1 came in at the second highest level in a quarter century.

By John Jordan | Updated on May 27, 2015

NEW YORK CITY—The city’s construction sector, which was battered during the recession, has recovered to a level where industry employment in Q1 came in at the second highest level in a quarter century, according to a new report.

The New York Building Congress states that in 2014 private sector construction employment in New York City rose by a 4.5% clip as compared to a year earlier and was 10% higher than employment totals in 2012. The Building Congress report was based on an analysis of New York State Department of Labor employment statistics.

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