Business groups could mount a legal challenge to the president's plan to greatly expand overtime protections to more salaried employees.
A new federal rule to expand overtime protections to millions of workers now excluded under current law has been finalized, the Biden administration said Tuesday.
The Labor Department’s regulation would ensure that salaried workers who earn less than $58,656 per year would automatically be entitled to overtime pay when they work more than 40 hours in a week, starting in 2025. What’s known as the “overtime salary threshold” would then be updated every three years, starting in 2027, to account for inflation.
The agency estimated that the change would extend the overtime law’s coverage to an additional four million workers, meaning they couldn’t be forced to work extra hours without their employers paying a premium.
just an fyi, those european countries this person is talking about are super capitalist. and while capitalism is terrible, wasteful, inefficient, exploitative, in need of dismantling, etc. even things like public healthcare and livable wages and vacation time can exist within capitalism if capitalism is properly regulated.
america just chose the route of not allowing for those things by deregulating and selling everything off to private capital. which, as a failed experiment in free market economics, should be a pretty obvious lesson to the rest of the world of what NOT to do.