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
April 24
NYC unions urge Mamdani to veto anti-protest “buffer zones” bill; 40,000 unionized Samsung workers rally for higher pay; and Labubu Dolls found to contain cotton made by forced labor.
April 23
Trump administration wins in 11th Circuit defending a Biden-era project labor agreement rule; NABTU convenes its annual legislative conference; Meta reported to cut over 10% of its workforce this year.
April 22
Congress introduces a labor rights notification bill; New York's ban on credit checks in hiring takes effect; Harvard's graduate student workers go on strike.
April 21
Trump's labor secretary resigns; NYC doormen avoid a strike; UNITE HERE files complaint over ICE concerns at FIFA World Cup
April 20
Immigrant truckers file federal lawsuit; NLRB rejects UFCW request to preserve victory; NTEU asks federal judge to review CFPB plan to slash staff.
April 19
Chicago Teachers’ Union reach May Day agreement; New York City doormen win tentative deal; MLBPA fires two more executives.