New CPWR Report Describes Growing Ranks of Latino Workers, Contractors
Hispanic-owned Share of U.S. Construction Firms
Source: US Census Bureau
As construction bounces back from the downturn, Latinos are occupying a larger role on the jobsite. CPWR's latest Quarterly Data Report, Hispanic Employment and Business Owners in the US Construction Industry, lays out the facts.
Construction employment grew by 1 million from 2012 to 2015 -- and almost 70% of the new jobs were filled by Hispanic workers. That meant Hispanics accounted for 29% of the American construction labor force, according to the Bureau of Labor Statistics -- more than 2.8 million workers.
But it wasn't just workers. The percentage of Hispanic-owned construction businesses has been steeply climbing as well. In 1992 only 5% of construction businesses were Hispanic-owned; by 2012 more than 16% were. In that year, there were nearly a half-million Hispanic-owned construction firms.
These firms were newer, smaller and less likely to carry steady employees than the average contracting firm. A quarter of these firms were less than one year old in 2012, compared with 12% among non-Hispanic owned firms. And while accounting for 16% of firms, Hispanic-owned firms earned less than 4% of the revenue.
It adds up to a picture of a growing Latino presence in work crews and contracting ranks alike, and we need to prepare for their occupational safety and health needs. CPWR can help:
And don't forget our popular collection of toolbox talks, recently translated and published in Spanish!
June 16th @ 2:00pm (ET), 1 hr. -- Understanding & Implementing the New Construction Silica Standard.
ENCORE PRESENTATION. On March 25, 2016 OSHA released the new silica standard for the construction industry. This standard, which was decades in the making, will prevent hundreds of deaths and many more illnesses each year. Learn about key provisions in the new standard and a free planning tool to help contractors comply. CLICK TO REGISTER
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