Obama's new rule would make it harder for employers to deny you overtime
Win McNamee/Getty Images
On Thursday, President Obama will reportedly direct the Labor Department to significantly broaden the number of American workers eligible for overtime pay. The new rules don't require congressional approval, but they won't take effect until after a public comment period. And there will be lots of comments.
Under the proposed rules, businesses would find it harder to avoid paying middle managers, shift supervisors, and other salaried "professional" workers overtime. The current rules were written by the George W. Bush administration in 2004. The new changes "would potentially shift billions of dollars' worth of corporate income into the pockets of workers," say Michael D. Shear and Steven Greenhouse at The New York Times.
The opponents and proponents of the measure fall along pretty predictable lines: The Chamber of Commerce, other business lobbyists, and conservative think-tanks are opposed to the change; labor unions and liberal economists think it's a great way to move some of the record corporate profits into the hands of workers. Jared Bernstein, the former chief economic adviser to Vice President Joe Biden, generally applauds the move, but he also makes an interesting point to The New York Times: "I think a potential side effect is that you may see more hiring in order to avoid overtime costs, which would be an awfully good thing right about now."
Subscribe to The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
Sign up for Today's Best Articles in your inbox
A free daily email with the biggest news stories of the day – and the best features from TheWeek.com
Peter has worked as a news and culture writer and editor at The Week since the site's launch in 2008. He covers politics, world affairs, religion and cultural currents. His journalism career began as a copy editor at a financial newswire and has included editorial positions at The New York Times Magazine, Facts on File, and Oregon State University.
-
Today's political cartoons - November 2, 2024
Cartoons Saturday's cartoons - anti-fascism, early voter turnout, and more
By The Week US Published
-
Geoff Capes obituary: shot-putter who became the World’s Strongest Man
In the Spotlight The 'mighty figure' was a two-time Commonwealth Champion and world-record holder
By The Week UK Published
-
Israel attacks Iran: a 'limited' retaliation
Talking Point Iran's humiliated leaders must decide how to respond to Netanyahu's measured strike
By The Week UK Published
-
North Korea tests ICBM, readies troops in Ukraine
Speed Read Thousands of North Korean troops are likely to join Russian action against Ukraine
By Rafi Schwartz, The Week US Published
-
Women take center stage in campaign finale
Speed Read Harris and Trump are trading gender attacks in the final days before the election
By Peter Weber, The Week US Published
-
US election: who the billionaires are backing
The Explainer More have endorsed Kamala Harris than Donald Trump, but among the 'ultra-rich' the split is more even
By Harriet Marsden, The Week UK Published
-
Supreme Court allows purge of Virginia voter rolls
Speed Read Gov. Glenn Youngkin (R) is purging some 1,600 people from state voter rolls days before the election
By Rafi Schwartz, The Week US Published
-
'Empowered' Steve Bannon released from prison
Speed Read Bannon was set free a week before Election Day and quickly returned to his right-wing podcast to promote Trump
By Rafi Schwartz, The Week US Published
-
Canada accuses top Modi ally of directing Sikh attacks
Speed Read Indian Home Minister Amit Shah was allegedly behind a campaign of violence and intimidation targeting Sikh separatists
By Peter Weber, The Week US Published
-
Harris makes closing case in huge rally at DC's Ellipse
Speed Read The Democratic nominee asked voters to "turn the page" on Trump's "division" and "chaos"
By Peter Weber, The Week US Published
-
'I am not a Nazi,' Trump says amid MSG rally fallout
Speed Read Trump and his campaign are attempting to stem the fallout from comments made by speakers at Sunday's rally
By Peter Weber, The Week US Published