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Update: The Obama Administration-Labor Department Overtime Rule

from PIA Western Alliance

The Obama administration wanted major changes in the threshold for overtime-exempt employees. A ruling from the U.S. Department of Labor in August of 2016 almost doubled what is currently in place. Under the ruling the increase goes from today’s $455 a week — or $23,660 annually — to $913 a week or $46,476 a year. Business groups and organizations around the country responded instantly. So did 21 states. more

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