If you have salaried employees who regularly work overtime, a new rule coming will affect your business directly. The Labor Department is moving to release its final rule to change the salary-base threshold amounts for exempting workers from overtime pay. After the final Fair Labor Standards Act coverage rule is published, employers will have 60 days to comply. The Office ...
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Employment up 175K, Unemployment Ticks up to 7.6%
A highly anticipated jobs report from the Bureau of Labor Statistics came in largely as a wash today, June 7, 2013. For more on this week’s leading economic indicators, check out this week’s Friday Economic Snapshot that includes everything except today’s BLS figures. From the BLS: Total nonfarm payroll employment increased by 175,000 in May, and the unemployment rate was ...
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