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Economic Report
1:31 am
Fri March 14, 2014

Harper: More Wage Theft Protections Needed

Credit University of West Florida

In this week’s Economic Report, Dr. Rick Harper discusses issues ranging from President Barack Obama’s proposal to toughen regulations for overtime pay to the net worth of the U.S. rebounding back to pre-recession levels.

Currently, most hourly workers must be paid time-and-a-half if they work more than 40 hours a week. Most salaried workers do not need to be paid overtime, unless they earn less than $455 a week.  But that works out to $23,660 a year, which is less than the federal poverty level for a family of four.

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