The Labor Department proposed expanding overtime eligibility Thursday to 1.1 million additional workers, significantly fewer than the 4.2 million who would have become eligible under a rule blocked by a federal judge that the department issued under President Barack Obama.
Unlike the 2016 rule, which set a formula for the overtime threshold to rise automatically with inflation, the new rule would merely direct DOL to update the threshold at its discretion every four years. "This would provide clarity," according to the text of the proposed rule, "and help workers and employers by having a regular and orderly process for future changes.
The $35,308 threshold is very close to what Labor Secretary Alexander Acosta proposed at his confirmation hearing two years ago. “If you were to apply a straight inflation adjustment, I believe the figure if it were to be updated would be somewhere around $33,000, give or take,” Acosta said then.
The Labour Secrety? You mean the guy who hides and protects child sex traffickers? That guy?
What's incredibly sad is why did a federal judge block something which had been issued under President Barack Obama for the specific purpose of taking care of those eligible to receive the key words being eligible to receive or 3.1 million Americans having been blocked by a judge
So Obama tried to cover 4.4M workers. Trump, the workers president, cuts that to 1.1M.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Justice Dept. says American-born ISIS bride not a US citizenThe Justice Department is contending that an American-born ISIS bride who drew President Donald Trump's ire last month as she made public pleas to return home with her young son is not a US citizen. Are we supposed to believe the same Justice Department that trump told, through his top aide, to prevent the AT&T transaction? If this woman is NOT a U.S. citizen then follow established procedure. Presently, the Justice Dept. is on shaky ground. Of course!!! Can we stop stupidity?!
Source: CNN - 🏆 4. / 95 Read more »
Whitaker, former acting U.S. attorney general, leaves Justice DeptMatthew Whitaker, whose brief tenure as acting U.S. attorney general was marred ... Sorry to see him go And yes your 5 minutes are up as well Job at Fox News yet? Did he even get his 90 days in?
Source: Reuters - 🏆 2. / 97 Read more »
Trump to nominate Jessie Liu for No. 3 spot at Justice Dept.Liu served on Trump’s transition team, a position Democrats raised as a potential conflict of interest during her confirmation to be U.S. attorney for D.C. Then any political position, tied to any media company or political party, is grounds for being denied a government position. These people are sick in the head. 100% an attempt at obstruction of justice. This is, quite frankly, the most deliberate attempt at obstructing the cases she is overseeing. This stinks from hell to high water! This, CAN NOT STAND resist revolt
Source: NBCNews - 🏆 10. / 86 Read more »
Fed Economists Find Tight Labor Market Can Give Boost to Disadvantaged WorkersAn economy where the unemployment rate falls below estimates of its long-run level can yield outsize gains for some women and minority groups, according to new research by four veteran Federal Reserve economists. Supply and demand still exist?!
Source: WSJ - 🏆 98. / 63 Read more »
Jobless claims dip to 223,000 in early March, reinforcing signs of strong labor marketThe number of people who applied for unemployment benefits in early March fell slightly, keeping so-called jobless claims near the lowest levels in a half-century. Initial jobless claims fell by 3,000 to 223,000.
Source: MarketWatch - 🏆 3. / 97 Read more »
Jobless claims dip 3,000 to 223,000 in early March, labor market still showing strengthThe number of people who applied for unemployment benefits in early March after losing their jobs fell slightly, keeping so-called jobless claims near the lowest levels in a half-century. Initial jobless claims fell by 3,000 to 223,000. thanks for updates marketwatch Add GM closures next month...
Source: MarketWatch - 🏆 3. / 97 Read more »
New Overtime Rule Expected to Boost Pay EligibilityBusiness groups expect the Labor Department’s forthcoming overtime proposal to be more palatable than rules sought by the Obama administration, but worker advocates say it doesn’t go far enough. “Boosting pay eligibility” is the literal opposite of what Trump has done at the labor department; he unceremoniously reversed an Obama-era policy expanding eligibility for overtime pay. What’s next from the WSJ? “Trump expands union rights”? “Trump raises the estate tax”?
Source: WSJ - 🏆 98. / 63 Read more »
Female Factor: Women Drive the Labor-Force ComebackIn the job-market recovery, the share of women participating in the workforce is rising faster than for men. Of course they are that should keep those old grumps from moaning on about the snowflake generation. sure. its because employers can/will pay less money to woman than men, for the same work. Good country.
Source: WSJ - 🏆 98. / 63 Read more »
Southwest Airlines is losing millions weekly in labor fight, CEO saysSouthwest Airlines’ chief executive said a surge in planes grounded by mechanics' concerns is costing the carrier millions of dollars each week by causing more delayed and canceled flights. There are plenty of good qualified non-union plane mechanics that would be willing to work for Southwest Airlines
Source: latimes - 🏆 11. / 82 Read more »
Labor Just Promised Cheaper Contraception And Better Abortion AccessYou might not have to go to the GP every few months just to fill a script for the pill. And contrast that with Theresa_May selling her soul and UK Freedom to the DUP.
Source: BuzzFeed - 🏆 730. / 51 Read more »