Wage growth for residential building workers slowed in March 2025, reflecting a softening in the construction labor market, Wage growth for residential building workers slowed in March 2025, reflecting a softening in the construction labor market, according to the U.S. Bureau of Labor Statistics. Average hourly earnings rose to $38.76, a 4.5% increase from the previous year—down from a peak of 9.3% year-over-year growth in June 2024. The decline points to easing pandemic-related labor shortages and a shift in according to the U.S. Bureau of Labor Statistics. Average hourly earnings rose to $38.76, a 4.5% increase from the previous year—down from a peak of 9.3% year-over-year growth in June 2024. The decline points to easing pandemic-related labor shortages and a shift in employer demand as hiring slows amid broader economic uncertainty.
While wage growth has decelerated, residential construction wages remain comparatively strong. Average hourly pay for the sector is still significantly higher than manufacturing and transportation, though slightly lower than mining and logging. The data suggests that despite a cooling job market, residential construction continues to offer competitive compensation, though signs of stagnation may foreshadow more restrained labor conditions ahead.
