Despite growing fear of a recession on the horizon, contractors continue to offer highly competitive compensation packages, approaching levels not seen in the industry in nearly two decades.
Industry jobs tied to electric power generation; transmission, storage and distribution; and energy efficiency grew in 2021, but report data does not reflect impacts of more current sector events.
Arguments about prevailing wages have not changed much since the 1980s, the last time the U.S. government changed methods under the 1931 Davis-Bacon Act to determine a prevailing wage on most construction projects with federal funding.