Boston Mayor Martin J. Walsh filed a Boston resident jobs policy update yesterday with the intention of increasing employment opportunities.

The new standards address the need to create more inclusive employment opportunities for city residents, people of color and women during the third largest construction boom in Boston’s history, according to a statement from Walsh.

“The success of Boston’s growing economy relies upon our ability to open the doors of opportunity to all our residents, and remove barriers causing economic inequity throughout our city,” Walsh said in a statement. “We must work to ensure that the construction industry reflects both the great talent and the great diversity Boston has to offer. By setting new goals for ourselves, we honor our commitment to creating a more prosperous, more inclusive city.”

The Boston Residents Jobs Policy’s updated ordinance requires for the first time that Boston residents represent a majority on each of the covered construction projects and applies the same standards to apprentices. The ordinance outlines that at least 51 percent of the total employee work hours and 51 percent of the total apprentice work hours in each trade on a covered project shall be by Boston residents; at least 40 percent of the total employee work hours and 40 percent of the total apprentice work hours in each trade on a covered project shall be by people of color; at least 12 percent of the total employee work hours and 12 percent of the total apprentice work hours in each trade on a covered project shall be by women.

The Boston Employment Commission (BEC) will now be responsible for overseeing compliance of all covered projects, including those monitored by the Boston Planning and Development Agency. The city council will hold a hearing to review the BEC’s work twice a year.