overtime

Business
7:49 am
Thu March 13, 2014

Overtime Pay Proposal Triggers A New Debate About Wages

Economists are divided about the White House plan to boost overtime pay for workers.
Doug Finger Gainesville Sun/Landov

Originally published on Thu March 13, 2014 1:56 pm

On Thursday, President Obama rolled out his plan for strengthening overtime pay protections for millions of workers. In his view, if more workers got fatter paychecks, they could spend more and stimulate the economy.

But if his critics are right, then employers would end up laying off workers to make up for the higher wage costs. And that would hurt the already painfully slow recovery.

Which scenario is right?

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Business
3:12 pm
Wed March 12, 2014

President Obama Moves To Expand Overtime Pay

Originally published on Wed March 12, 2014 7:14 pm

Transcript

ROBERT SIEGEL, HOST:

From NPR News, this is ALL THINGS CONSIDERED. I'm Robert Siegel.

MELISSA BLOCK, HOST:

And I'm Melissa Block. President Obama is taking another step to raise the wages of workers and he plans to do it without getting Congress involved. The White House says tomorrow Obama will direct the Labor Department to change the rules for businesses on overtime pay. The change could mean that millions of private sector workers currently classified as management could eventually qualify for overtime.

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