Most Carpenters are employed by construction contractors, are self-employed or do construction or maintenance work for government agencies, utility companies or manufacturing firms. Employment prospects for Carpenters vary considerably, depending on the season and economic conditions. Journeyman wage rates vary, but generally range from $23 to $30 an hour (plus benefits.) Apprentice Carpenters earn at least 60 percent of the journeyman wage rate in their place of employment in the first year, 70 percent in the second, 80 percent in the third and 90 percent in the fourth. Carpenters may advance to Foreman, Subcontractor, Construction Superintendent or Contractor. They are involved in every step of construction, and this overall knowledge is an advantage when applying for supervisory positions.