OSHA Penalty Amounts Soar Due to Inflation; New Fines Effective Today
Violations of safety rules on jobsites are now more expensive as the Labor Department late last week announced its annual cost-of-living adjustments to OSHA civil penalties for 2023. The new penalty amounts are effective Tuesday, Jan. 17.
OSHA’s maximum penalties for violations will increase from $14,502 per violation to $15,625 per violation. The maximum penalty for willful or repeated violations will increase from $145,027 per violation to $156,259 per violation.
Visit the OSHA Penalties page and read the final rule for more information.
The safety of residential construction workers is a top priority of NAHB and should be the top priority of every builder, remodeler and contractor. The most common types of construction site injuries are fall injuries. This aligns with OSHA’s most-cited violations on jobsites.
Top OSHA violations for fiscal year 2022:
- Fall Protection – General Requirements: 5,260 violations
- Hazard Communication (Chemicals): 2,424
- Respiratory Protection: 2,185
- Ladders: 2,143
- Scaffolding: 2,058
- Lockout/Tagout: 1,977
- Powered Industrial Trucks: 1,749
- Fall Protection – Training Requirements: 1,556
- Personal Protective and Lifesaving Equipment – Eye and Face Protection: 1,401
- Machine Guarding: 1,370
Protect your workers and your bottom line with free safety resources from NAHB.
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On Aug. 6, the Senate Committee on Homeland Security and Governmental Affairs advanced the NAHB-supported Promoting Resilient Buildings Act, legislation that would help communities maintain local control over building code adoption while encouraging stronger preparation for and recovery from extreme events.
Stay informed on the issues shaping the residential construction industry by reviewing the monthly update talking points. The latest edition features messages related to tariffs and the economy.
Latest Economic News
The U.S. labor market weakened in July, with nonfarm payrolls down 23,000 and downward revisions cutting another 103,000 jobs from May and June.
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Re-escalation of the conflict in Iran pushed mortgage rates higher in July. According to Freddie Mac, the 30-year fixed-rate mortgage averaged 6.54% in July, up 5 basis points (bps) over June. Since the conflict in the Middle East began, the 30-year mortgage rate has climbed by almost 50 bps.