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The Obama Administration has announced plans to require overtime pay for salaried employees who earn less than $50,440 a year. Economic research shows that employers will offset new overtime costs by lowering base salaries. As a result, these regulations will have little effect on total weekly earnings or hours worked. They will require employers to rigidly monitor salaried employees’ hours. This would proscribe the flexible working arrangements that many salaried employees value. These regulations will limit workplace flexibility without improving pay.

Workers from General Motors in Mexico elected a new union in hopes of higher pay. Thousands of workers from General Motors (GM) in Mexico took a drastic move on Thursday in search of higher pay, as they voted out the previous labor union that held the plant contract for 25 years.

Taxes on the very rich. and you know what? that's what it's all about. >> mr. cohen, can this country trust mitt romney. can wage earners trust mitt romney from what you heard last week? >> not at all. mitt romney brought us a new verb in the english language. bained. workers know they're bained when their jobs are sent out of the country. they're bained when their pay is cut, when they lose their pensions and health care. that's what mitt romney is about. by contrast, the president in his labor day procclamation talked about preserving collective bargaining rights. what workers want to hear i...

Latest updates on this topic from reliable sources.

Latest updates on this topic from reliable sources.