Question: 11. Wage Rate for Construction Workers. The average hourly wage rate for construction laborers in 2001 was $13.36. In 2017 construction laborers made $18.70 per

11. Wage Rate for Construction Workers. The average hourly wage rate for construction laborers in 2001 was $13.36. In 2017 construction laborers made $18.70 per hour.

The CPI for 2001 was 177.1 and for 2017, 245.1. Calculate the percentage change in real hourly wages from 2001 to 2017.

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