10/06/2026
An hour of construction labor costs 25% more than it did in 2021.
$33.27 an hour in September 2021. $41.69 this September. Up 4.2% in the last 12 months alone. That's the BLS average across construction, all employees.
If your flat rate book was last touched in 2022, it's worth a look this week.
When did you last update your price book?
Source: BLS average hourly earnings, construction (FRED series CES2000000003).