The Fair Labor Standards Act (FLSA), enacted in 1938, is the federal legislation that establishes the minimum hourly wage that must be paid to all covered workers. The minimum wage provisions of the FLSA have been amended numerous times since 1938, typically for the purpose of expanding covera...
The government periodically assesses the federal minimum wage level with changes ininflationor thecost of living. However, the federal minimum wagehas not increasedsince July 2009. President Joe Biden campaigned on a promise to raise the federal minimum wage for government workers to $15 an hour....
It's been 11 years since the last federal minimum wage hike, the longest span the baseline wage has gone without an increase since it began in 1938. Since the last federal minimum wage hike — to $7.25 an hour, starting July 24, 2009 — the cost of living has increased 20%, ...
Since the early 1970’s the natural increase has been relatively low; in some years there has actually been a net population loss, owing to the distorted age structure of the population, a legacy of the war years. A low marriage rate has reduced the birth rate, which in turn has led ...
Overtime pay can be a tricky concept to grasp. Learn what overtime rules you have to follow and how to calculate overtime with our guide.
That said, when you dig deeper into the “Not In My Back Yard”: Removing Barriers to Affordable Housing,” you see the startling statement that that these issues have existed since the 1960s. Her...
Since the Federal Reserve Bank is privately owned, the Federal Reserve Bank of New York (and all the others) is listed in Dun & Bradstreet. But according to Article I, Section 8 of the U. S. Constitution, only Congress has the right to issue money and regulate its value. ...