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Tag: labor

OVERTIME: It’s about time. | U.S. Department of Labor

President Obama says, “The fundamental principle behind overtime pay comes from a Depression-era law called the Fair Labor Standards Act, which helps ensure that workers who put in more than 40 hours per week should generally get paid more for that extra time. I directed Secretary of Labor Tom Perez and the Department of Labor to update and modernize the overtime rules and uphold that principle… It doubles the salary threshold and automatically updates it every three years. The rule takes effect December 1.”

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Economic & Labor News: 5/9/16 | Thom Hartmann

Thom Hartmann gives the Economic & Labor News for May 9, 2016. The following stories are covered: State-owned Bank of North Dakota out-performs other banks. Detroit teachers staged a “sick-out” protest over threatened pay and benefits. Supreme Court supports $15 minimum wage in Seattle, WA. France rejects the TTIP. House Republicans call for the elimination…

Economic & Labor News: 5/9/16 | Thom Hartmann was first shared on Aware & Fair

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Money Is Like Love and It’s in the Air!

The easiest and quickest way to boost the economy is to increase the minimum wage. A higher minimum wage upgrades the pay scale for most working people. When lower and middle-wage earners have more money to spend, they buy things. This in turn, spurs an economy that is based on selling products and services. Money…

Money Is Like Love and It’s in the Air! was originally published on Aware & Fair

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