While national politics may not always have an effect on local real estate, the Illinois state elections will certainly affect Chicago CRE. Last month, in the midst of what may become the most expensive gubernatorial race in U.S. history, the SIOR Chicago Chapter and AIRE hosted Illinois Governor Bruce Rauner in conversation with David Kahnweiler, […]
About six-in-ten adults today have a favorable view of labor unions (60%) and business corporations (56%), according to a new Pew Research Center survey. Views of both have grown more positive since March 2015, when roughly half of adults (48%) expressed a favorable view of each. The public’s opinions of corporations and unions were largely […]
The social costs of repealing prevailing wage must be considered by elected officials. While critics of Wisconsin’s prevailing wage law claim that the state would save money on public construction projects from repealing the policy, they do not take into account the negative tax and government assistance consequences of repeal. This report primarily uses the […]
Critiquing a December 2017 Report on Prevailing Wage by the Illinois Policy Institute. The Illinois Policy Institute Wants to Cut Middle-Class Construction Worker Wages in Illinois Prevailing Wage Promotes Local Hiring, Boosts Productivity, and Strengthens the Economy The Prevailing Wage Act Provides the Best Value for Taxpayers Download the Article
Testimony of Kevin Duncan, Ph.D. Professor of Economics Colorado State University-Pueblo Before the Labor & Commerce Committee Illinois House of Representatives Illinois General Assembly Download the Article
Executive Summary The Davis-Bacon Act and related Acts have required local prevailing wages on federally-funded and federally-assisted construction projects since 1931. Prevailing wages are minimum wages for public works construction that reflect local market standards for different skilled trades. Additionally, 29 states have state-level “little Davis-Bacon Acts” that require prevailing wages on projects funded by […]
Executive Summary On July 1, 2015, Indiana lawmakers completely repealed Common Construction Wage, which was a minimum wage that supported blue-collar construction workers employed on public construction projects. Repeal of Common Construction Wage has led to a host of negative impacts on workers and the construction industry– including lower wages and more income inequality– while […]
On the first Thursday of March, IBEW Local 134 opened its doors for its brothers and sisters to see their new home on the south side of Chicago. Located at 2722 S. Dr. Martin Luther King, Jr. Blvd., Local 134’s new home hosted over 1,300 members for its inaugural meeting. To mark this monumental occasion, […]
Most Americans like labor unions, at least in the abstract. A majority (55%) holds a favorable view of unions, versus 33% who hold an unfavorable view, according to a Pew Research Center survey from earlier this year. For most of the past three decades that the Center has asked that question, in fact, Americans have […]
About six-in-ten adults today have a favorable view of labor unions (60%) and business corporations (56%), according to a new Pew Research Center survey. Views of both have grown more positive since March 2015, when roughly half of adults (48%) expressed a favorable view of each. The public’s opinions of corporations and unions were largely […]
