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U.S. DOL Announces Proposed Rule to Raise the Minimum Wage to $15 for Federal Contractors

July 21, 2021

On July 21, the U.S. Department of Labor announced a proposed rule that would require federal contractors to pay a $15 minimum wage to workers  on or in connection with a federal government contract. The public has until Aug. 23 to comment on the proposal.  

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Posts Tagged ' sales expectations'

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Buoyed by Healthy Economy, ABC Index Finds Contractors Upbeat

The majority of commercial and industrial contractors are confident about sales growth, profits and staffing levels heading into 2018, according to the latest Associated Builders and Contractors (ABC) Construction Confidence Index (CCI). Despite rising construction labor and materials costs, 55 percent of contractors expect their profit margins to expand in the first half of 2018.

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