Economists expect tomorrow’s jobs report to show an increase of 180,000 jobs and a reduction of the unemployment rate to 3.9%. If the prediction proves true, February would mark the 101st consecutive month of job growth.
Business groups expect that a forthcoming Department of Labor rule setting new criteria for overtime pay will expand the pool of workers eligible for time-and-a-half pay. However, the proposed rule will be less generous than the rule put forward by the Obama Labor Department, which sought to extend overtime to workers earning less than $47,000. The proposed rule reaches only workers earning up to $35,000, still an increase over the current threshold of $23,600.
Daily News & Commentary
Start your day with our roundup of the latest labor developments. See all
October 29
9th Circuit rejects challenge to NLRB's constitutional structure; preemption challenges to state labor peace statutes
October 28
Two federal unions oppose CBA cancellations, another federal union urges Democrats to end the government shut down, and Paramount plans for mass layoffs
October 27
GM and Rivian announce layoffs; Boeing workers reject contract offer.
October 26
California labor unions back Proposition 50; Harvard University officials challenge a union rally; and workers at Boeing prepare to vote on the company’s fifth contract proposal.
October 24
Amazon Labor Union intervenes in NYS PERB lawsuit; a union engages in shareholder activism; and Meta lays off hundreds of risk auditing workers.
October 23
Ninth Circuit reaffirms Thryv remedies; unions oppose Elon Musk pay package; more federal workers protected from shutdown-related layoffs.