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
May 17
UC workers avoid striking with an 11th-hour agreement; Governor Spanberger vetoes public employee collective bargaining protections; Samsung workers prepare for an 18-day strike.
May 15
SEIU 32BJ pioneers new health insurance model; LIRR unions approach a strike; and Starbucks prevails against NRLB in Fifth Circuit.
May 14
MLB begins negotiating; Westchester passes a new wage act; USDA employees sue the Agriculture Secretary.
May 13
House Republicans push for vote on the SCORE Act; Wells Fargo wins 401(k) forfeiture appeal; Georgia passes portable benefits bill.
May 12
Trump administration proposes expanding fertility care benefits; Connecticut passes employment legislation; NFL referees ratify new collective bargaining agreement.
May 11
NLRB Judge finds UPS violated federal labor law; Tennessee bans certain noncompetes; and Colorado passes a bill restricting AI price- and wage-setting