PPWO Disappointed as DOL Issues Overtime Rule that Will Harm Economy and Workers

On April 23, the Department of Labor issued its final rule altering the overtime regulations under the Fair Labor Standards Act.

The following can be attributed to Partnership to Protect Workplace Opportunity spokesperson Ed Egee:

“PPWO is disappointed in DOL’s decision to issue this final rule without substantive changes from the proposal, despite significant concerns from businesses, nonprofits, higher education institutions, and the public sector.

“The Department is raising the minimum salary threshold over 60%. This raise in labor costs simply cannot be absorbed by businesses, especially small businesses. Meanwhile, automatic increases are unlawful, invite inflation, create uncertainty for businesses, and will exacerbate struggles during economic downturns. Under this rule, many workers will be reclassified and lose workplace status, benefits, and opportunities for growth and advancement.”