New Heritage Study: Davis-Bacon Wages Need to be Scientifically Calculated
According to recent study by our friend James Sherk at The Heritage Foundation, the current system of calculating prevailing wages is flawed and needs to be scientifically calculated. In his new study, "Davis-Bacon Prevailing Wage Determinations Need to be Calculated Scientifically", Sherk asserts that:
"The Wage and Hour Division (WHD) of the Department of Labor (DOL) calculates the prevailing construction wage rates in each county in the United States, and federal contractors must pay these rates. However, the WHD uses a survey methodology that is fundamentally flawed, which means that Davis- Bacon rates often bear no relation to market wages."
...to read the entire study on the web click here.
...to download the PDF format of the study, please click here.
