Thursday, January 17, 2019

Trump Paving the Road to Overtime Pay With Good Intentions: New at Reason

By Reason Staff - January 17, 2019 at 08:40AM

Back in 2016, the Obama administration passed an overtime-pay regulation that would have required employers to pay overtime for salaried employees who earn less than $47,476 per year. But its implementation was blocked by a federal judge in November 2016 in response to a lawsuit filed by states and businesses. That regulation is back in the news, however, after the Trump administration has spent months re-examining the issue and seems close to a final decision. Let's hope the administration makes the right call, writes Veronique de Rugy. After all, raising the cost of employing workers is never a recipe for increasing employment.

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