INSTITUTE INDEX: New overtime rule a boon for Southern workers
Under a proposed rule released this week by the Department of Labor, number of Americans who would be newly eligible for overtime pay of time-and-a-half when they work over 40 hours in a week: 5 million
Current upper annual income limit for overtime eligibility: $23,660
Limit under the proposed rule, which would also be indexed for inflation: $50,440
Percent of the U.S. workforce eligible for overtime in 1975: 65
In 2013: 11
Rank of the South among regions where the workforce would benefit most from the rule change: 1
Portion of 25- to 34-year-olds who the rule would make eligible for overtime, the age group that would benefit most: 1 in 20
Percent of the rule's beneficiaries who would be male: 2.7
Who would be female: 3.9
Number of mothers who would benefit from the rule change: 3.1 million
Number of fathers: 3.2 million
Number of children: 12.1 million
Once the proposed rule is published in the Federal Register next week, number of days the public will have to submit comments: 60
(Click on figure to go to source.)
Tags
Sue Sturgis
Sue is the former editorial director of Facing South and the Institute for Southern Studies.