Sorry, I’m late to this thread. But getting back to the original post.
[quote] the $83.3 million Structural and Materials Engineering center. The facility will generate about 1,500 construction-related jobs over roughly the next two years[/quote]
Whenever I see numbers like these in the news I’ve learned to double check them. Suppose that half of the $83.3 mil went to pay construction workers. (I’m guessing that’s high, given all the materials and equipment that will be needed to build this building) $41,650,000 divided by 1500 workers means the average worker will get just under $28,000 for two years, or $14k per year. Oh boy, that’s gonna cause the construction worker market to rebound.
In truth, it’s possible that 1,500 workers will work on the project total, but many will only work for short periods of time. No way this project will “generate” 1,500 new construction jobs. Not even close. I really wish newspapers didn’t feel the need to echo some bs economic predictions that they’ve undoubtedly been fed by the supporters of this project.
