A new labor department rule goes into effect July 1, 2024. The new policy will impact 4.3 million workers who are on salary and so don’t get paid overtime. If you are one of them or know one of them, listen up. The Labor Department is enforcing the Fair Labor Standards Act requirement regarding minimum wage and … Read more
Update to Rail Unions Threaten Rail Strike On December 5, Congress May Intervene. On Monday, President Biden issued a Statement on Averting a Rail Shutdown: I am calling on Congress to pass legislation immediately to adopt the Tentative Agreement between railroad workers and operators – without any modifications or delay – to avert a potentially … Read more
The Associated Press reports, Biden: Tentative railway labor deal reached, averting strike: President Joe Biden said Thursday that a tentative railway labor agreement has been reached, averting a strike that could have been devastating to the economy before the pivotal midterm elections. Railroads and union representatives had been in negotiations for 20 hours at the … Read more
Real gross domestic product (GDP) had a second consecutive negative quarter and government data showed it down -0.9 percent. This was actually an improvement over the first quarter, which was down at -1.6 percent. But since it marks the second consecutive quarter of negative GDP, it meets the commonly held definition of a recession in … Read more
There are three Democratic Senators who have not yet fully committed to the Protecting the Right to Organize (PRO) Act, which would make improvements to union organizing rights, and end free rider so-called “right to work” laws: Sen. Mark Warner (VA), and Arizona’s Kyrsten Sinema and Mark Kelly. Senator Mark Kelly now appears to be … Read more