✉news BusinessBusiness first seen 1 d ago, last 1 d ago, peak #36
US Navy shipbuilders winning bigger paychecks amid fleet expansion
Original: The US Navy needs more ships. The workers building them are winning bigger paychecks.
The US Navy is pushing to expand its fleet, and shipyard workers are seeing larger pay raises as demand for new vessels grows. The labor market for skilled shipbuilders has tightened, giving workers leverage for higher wages as the Navy seeks to accelerate construction of warships and support craft.
Why now: The Navy's fleet expansion plans are driving up wages for shipbuilding workers, highlighting a labor squeeze in US defense manufacturing.
Rank over time, top of the chart is #1. 3 snapshots from 1 d ago to 1 d ago.
Evidence
- The US Navy needs more ships. The workers building them are winning bigger paychecks. · Business Insider
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