1.3 Million Winners and 2.8 Million Losers from Trump’s New Overtime Rule
The five-year fight to expand overtime pay to millions of workers is over.
The Department of Labor just released the final rule that will require businesses to pay overtime wages to a much larger group of employees if they work more than 40 hours a week. It’s a win for the estimated 1.3 million workers who will now be compensated for putting in long hours—but it’s a bitter defeat for the 2.8 million others who would’ve also gotten overtime under the original rule proposed by the Obama administration.