Items Tagged with 'DOL'

ARTICLES

  • Here's how the new overtime labor law will change the housing industry

    Salaried employees making less than $47K must be compensated for anything over 40 hours
    Starting Dec. 1, 2016, overtime will have a whole new meaning since the White Collar Exemption salary threshold is about to jump by more than 100%. There’s just over two months until this law goes into effect, and with the housing industry projected to boom up to $2 trillion this year, the need for overtime isn’t going away anytime soon. Something will have to give.
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  • Jobless claims drop by 20,000 filings

    Pulls down 4-week moving average
    Jobless claims dropped by 20,000 filings, falling to 268,000 for the week ended March 28, pulling the 4-week average down an unusually steep 14,750 to 285,000.
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