Tag

Laborpolicy

All articles tagged with #laborpolicy

politics1 year ago•3 min saved

Texas Court Overturns Biden's Overtime Pay Expansion

A Texas federal judge has invalidated a Biden administration rule that aimed to expand overtime eligibility to four million additional workers, citing that it exceeded the Department of Labor's authority. The decision, favoring Texas and business groups, argued the rule would increase payroll costs and reduce jobs. The rule intended to raise the salary threshold for overtime pay eligibility, but the court found it improperly prioritized salary over job duties. This ruling follows a similar 2017 decision against an Obama-era rule.

via Bloomberg Law|

#bidenadministration #departmentoflabor #laborpolicy

economy2 years ago•1 min saved

"22 States Boost Worker Pay with 2024 Minimum Wage Increases"

In 2024, 22 U.S. states have raised their minimum wage to support lower-income workers amidst high inflation, with increases ranging from $0.23 to $2 per hour. This change is expected to provide an additional $7 billion in wages to nearly 10 million workers. Three more states will raise their wages later in the year. The federal minimum wage remains unchanged at $7.25 per hour, while states like Washington have set the bar at $16.28, the highest in the nation.

via Fox Business|

##economicpolicyinstitute #economy

politicseconomics2 years ago•3 min saved

"Sara Innamorato Increases Minimum Wage for Allegheny County Staff as She Takes Office"

Newly inaugurated Allegheny County Executive Sara Innamorato has raised the minimum wage for county employees, with full-time workers now earning at least $18 an hour, set to increase to $22 by 2027, and part-time workers getting a minimum of $15 an hour. This move, effective immediately, impacts dozens of part-time and fewer than 500 full-time employees. The policy, which does not apply to unionized positions, is part of broader changes including overhauling vacation policy and lifting certain pre-employment requirements. Innamorato's administration aims to improve workforce conditions and competitiveness in the job market.

via 90.5 WESA|

##alleghenycounty #employeebenefits

economy2 years ago•1 min saved

"2024 Ushers in Higher Minimum Wage and Key Legal Changes for New Yorkers"

New York celebrated the new year with an increase in the minimum wage to $16 in New York City and some suburbs, and $15 in the rest of the state, as part of a series of annual increases that will continue until 2026. This increase is in line with a broader trend across 22 states raising their minimum wages, with future hikes in New York to be tied to inflation. The move, resulting from an agreement between Governor Kathy Hochul and the state Legislature, aims to adjust wages in response to cost of living changes, despite some opposition.

via PBS NewsHour|

##economicgrowth #economy

economy2 years ago•1 min saved

"New York Welcomes 2024 with Minimum Wage Hike and Key Legal Reforms"

As the new year begins, New York's minimum-wage workers are receiving a pay increase, with the wage rising to $16 in New York City and its suburbs, and to $15 in the rest of the state. This is part of a series of annual increases that will continue until 2026, when the minimum wage will reach $17 in the city and its suburbs, and $16 elsewhere in the state. The increases are part of an agreement made by Governor Kathy Hochul and the state Legislature, despite some opposition. New York joins 21 other states in raising the minimum wage as of 2024, with future increases to be tied to inflation.

via WIVB.com - News 4|

##economicpolicyinstitute #economy

economy2 years ago•1 min saved

"2024 Ushers in Higher Minimum Wage, Tolls, and Legal Shifts in New York"

As of January 1, 2024, New York's minimum wage has risen, with New York City workers seeing an increase from $15 to $16, and the rest of the state from $14.20 to $15. This marks the beginning of a series of planned annual increases that will continue until 2026, aiming for a $17 minimum wage in NYC and $16 elsewhere in the state. The increases are part of a strategy developed by Democratic Gov. Kathy Hochul and the state legislature, despite opposition from some business owners and arguments from some Democrats that the increases are insufficient. Future adjustments will be linked to the Consumer Price Index to account for inflation.

via Fox Business|

##economicpolicy #economy

economy2 years ago•1 min saved

"New York Ushers in 2024 with Minimum Wage Hike and Key Legal Reforms"

As of January 1, 2024, New York's minimum wage rose to $16 in New York City and select suburbs, and to $15 in the rest of the state, marking the first in a series of planned annual increases. These increases are part of a strategy to eventually reach a $17 minimum wage in NYC and its suburbs, and $16 elsewhere in New York by 2026, with future adjustments linked to inflation. This change reflects a broader trend across 22 states, with New York's decision stemming from an agreement between Governor Kathy Hochul and the state Legislature, despite some opposition.

via The Associated Press|