Private Construction jobs
(Nicolas Enriquez/for ny Daily News)
NY REGULAR DEVELOPMENT
This new York City building boom is boosting construction jobs — but only designers get richer.
The number of exclusive industry building jobs into the city has increased by 4.5% throughout the last year, but wages are not staying in touch, according to a new report.
There have been an average of 127, 600 personal industry construction tasks in 2014, up from 122, 100 in 2013 and 116, 000 in 2012, according to a the report by the ny Building Congress.
And job development features continued into 2015, with this specific year's first quarter work total ranking the next greatest in the last 25 many years.
But construction workers aren't getting any richer thus. Average wages rose by significantly less than 1percent in the 1st nine months of 2014, the data shows.
"All of those cranes that are dotting the skyline, as well as the sidewalk bridges that have proliferated throughout the five boroughs, represent thousands of good paying jobs for New York City residents, " said Building Congress president Richard Anderson. "If the construction market continues to strengthen as anticipated, it will be interesting to see if further increases in demand for labor exert an upward pressure on wages."
Construction workers in new york earned about $52, 300 through September 2014, versus $52, 000 for similar period in 2013, and $51, 200 during first nine months of 2012, based on the report.