2022 Marcum National Construction Survey

AVERAGE HOURLY EARNINGS Exhibit 2. April 2012 – April 2022

$36.00

0.07

APRIL 2022: $34.34

$34.00

0.06

$32.00

0.05

$30.00

0.04

$28.00

0.03

$26.00

0.02

$24.00

0.01

$22.00

$20.00

0

SEP 17

JUL 13

JUL 18

FEB 13

SEP 12

FEB 18

APR 17

JAN 16

JAN 21

APR 12

DEC 13

JUN 16

JUN 21

DEC 18

OCT 14

OCT 19

MAY 14

AUG 15

MAY 19

NOV 16

NOV 21

APR 22

MAR 15

AUG 20

MAR 20

Average Hourly Earnings

YoY% Change

Source: U.S. Bureau of Labor Statistics

of respondents noted that they have increased pay somewhere between 4 and 5 percent in an effort to recruit skilled workers over the past year NEARLY

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