labor

Federal Judge Strikes Down Biden Overtime Pay Rule

Daniel Wiessner Reuters
The rule would have required employers to pay overtime premiums to salaried workers who earn less than $1,128 per week, or about $58,600 per year, when they work more than 40 hours in a week.

It’s Time to Update Overtime Pay Rules

Heidi Shierholz Economic Policy Institute
Changes in labor market policies and practices have played an important role in the dynamic of rising inequality and wage stagnation for the vast majority. One example of a change in labor market policy that has eroded the standing of typical workers vis-à-vis their employers and contributed to this dynamic is the right of workers to earn overtime pay premiums for working excessive hours.
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