Page 8 - Overtime Rules News Today

That september might be too soon for the economy to handle higher interest rates. one more thing to point out this report might be a baseline going forward. the white house announced overtime rules and the data is showing how many hours workers are working before this takes affect. more workers becoming eligible for time and a half will the bosses cut back the hours? right now it is 34.5 hours. >> here is another story get agting a lot of attention. a federal investigation on the airlines as ser...

$50,000 a year will now be able to get time and a half when they work more than 40 hours a week. and its a little more complicated than that and the rule has to be more specific than that, in order to get through the labor department. but basically, president obama just did this. president obama just gave a pretty big raise to 5 million americans who make less than $50,000 a year. and its permanent and its totally overdue. the overtime rules have not changed substantially since the 1970s. when p...

To affect about 5 million people. people who make less than $50,000 a year will now be able to get time and a half when they work more than 40 hours a week. and its a little more complicated than that and the rule has to be more specific than that in order to get through the labor department. but basically, withpresident obama just did this. president obama just gave a pretty big raise to 5 million americans who make less than $50,000 a year. and its permanent and its totally overdue. the overti...

People. people who make less than $50,000 a year will now be able to get time and a half when they work more than 40 hours a week. and its a little more complicated than that and the rule has to be more specific than that, in order to get through the labor department. but basically, president obama just did this. president obama just gave a pretty big raise to 5 million americans who make less than $50,000 a year. and its permanent and its totally overdue. the overtime rules have not changed sub...

Congress to declare chapter 9 bankruptcy. it does not have that authority. it needs congress to step in. >> the next crisis is the big debt countries with too much debt. president obama set to announce a major move. the white house says it will boost salaries for millions of americans. he will change overtime rules. doubling the minimum salary. $23,000 a year is the threshold. they will raise it to $50,000. if you earn less than $50,000, once the rule is in effect you are a salaried employee y...

Announced rules on overtime pay to lift wages for around 5 million people in this country. and. >> this was a transformational presidency. when he leaves office we are a country in a different place fundamentally than we were when he took office. and that is going to be the legacy. and thats got to be an amazing feeling to know that. >> and the overtime rules are interesting in that they are yet another example of using executive power to pursue things that cannot be done through the legislature...

Church massacre. the president is up the five points from last month. people are also generally feeling better about race relations in america under this president. 20% say they are better. thats up five points since february. getting back to these overtime rules thats another big reason for the upward swing in the poll. as you can see hes up six points on the economy from last month. the president had a big week last week. that is clearly showing up in these approval numbers this morning. >> th...

Jim acosta is live for us in washington. good morning to you. >> reporter: good morning, michaela the white house is setting new overtime rules that raises the pay for 5 million americans. president obama announced the move last night. well put it on the screen. in this country, a hard days work deserves a fair days pay. thats what it means to be middle class in america. under the old overtime rules, the extra pay of time and a half stopped at $23,660. now that threshold is bumped up to people m...

Progress that we can make when i have the privilege -- as long as i have the privilege of holding this office. we announced overtime rules that im going to be talking about more this week. thats going to give a raise to 5 million people potentially in this country who really deserve it. i want to see if we can get bipartisan work done with congress around rebuilding our infrastructure. brazil just talked about rebuilding highways and ports and bridges. we have the same work to do and we need to ...

Raise right away. he will change overtime rules. doubling the minimum salary. the threshold is $23,000 a year. that will rise to about $50,000. if you earn less than that, once the rule is in effect next year you will get overtime. anybody who worked in retail or restaurants, you know you can get overtime for your work unless you are considered a manager. sometimes you can be making $23,000 a year and be a manager and not get overtime. nbc universal is cutting ties with donald trump citing the...