Overtime rules could help California firms keep employees
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New labor rules may create permanent underclass of businesses
America’s small business owners are a resilient group. We’ve put up with increased regulation, the financial crisis, the credit crunch, unsound fiscal policy and political gridlock. But since 2004, the total number of U.S. small businesses has been in decline – there have not been enough new business starts to replace companies that were sold Read More →
Labor secretary defends new overtime rules
WASHINGTON, D.C. — Labor Secretary Thomas Perez mounted a vigorous defense of the administration’s new overtime rules, saying objections by universities and retailers are overblown. In remarks to business journalists, Perez said the rules, which go into effect Dec. 1, are designed to play catch up with standards that were “manipulated” in 2004. He said Read More →
