The Impact of Prevailing Wage Laws and Military Veterans:
An Economic and Labor Market Analysis
The Illinois Economic Policy Institute studies the impact that repealing state prevailing wage laws would have on veterans in the construction industry. Veterans account for 6.9 percent of all blue-collar construction workers and the United States military promotes skilled trade apprenticeships to active military members through USMAP (United States Military Apprenticeship Program). Apprentices from the military will become an increasingly important source of skilled construction labor and prevailing wage standards make construction employment more attractive for veterans.
The Economic, Fiscal, and Social Impacts of State Prevailing Wage Laws:
Choosing Between the High Road and the Low Road in the Construction Industry
This study is a data-driven examination of prevailing wage laws with the economic impacts and statistical analysis of construction worker labor market outcomes based on information from the U.S. Census Bureau (the Current Population Survey, American Community Survey, and the Economic Census of Construction) and the National Health Expenditures Survey.
The Adverse Economic From Repeal of the Prevailing Wage Law in West Virginia
Attempts to repeal the prevailing wage law in West Virginia are based upon the claim that repeal will save dollars on total construction costs and will bolster state and local budgets. However, this study has shown that repeal of the prevailing wage statue in West Virginia would not save dollars on construction costs and would result in a negative economic impact on families in West Virginia, taxpayers in West Virginia, and the state and regional economies in West Virginia.
Short Evaluation of Alex Rosaen’s 2013 Prevailing Wage Methodology
This paper critically reviews Alex L. Rosaen, The Impact of Michigan’s Prevailing Wage Law on Education Construction Expenditures, Anderson Economic Group, LLC, Commissioned by the Associated Builders and Contractors of Michigan, 2013. It is shown that Rosaen’s estimates of the prevailing wage regulatory impact on Michigan educational capital outlays swing widely from negative to positive based on the assumptions used in his model. Further it is shown that the bases for Rosaen’s assumptions are outdated and miscalculated. An alternative methodology using statistical tests is suggested that provides more stable results. Two alternative examples are presented. This critique concludes that Rosaen’s estimates are unreliable.