The Labor Dept. extends overtime coverage to 1.1 million, significantly fewer than the 4.2 million who would have become eligible under a rule blocked by a federal judge that the department issued under President Barack Obama
The Labor Department proposed expanding overtime eligibility Thursday to 1.1 million additional workers, significantly fewer than the 4.2 million who would have become eligible under a rule blocked by a federal judge that the department issued under President Barack Obama.
Unlike the 2016 rule, which set a formula for the overtime threshold to rise automatically with inflation, the new rule would merely direct DOL to update the threshold at its discretion every four years. "This would provide clarity," according to the text of the proposed rule, "and help workers and employers by having a regular and orderly process for future changes.
The $35,308 threshold is very close to what Labor Secretary Alexander Acosta proposed at his confirmation hearing two years ago. “If you were to apply a straight inflation adjustment, I believe the figure if it were to be updated would be somewhere around $33,000, give or take,” Acosta said then.
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