Fair Labor Standards Act

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Salaried vs. hourly and why all pay is not equal



By Dedrick Muhammad

Guest Commentator


If unemployment rates fall to pre-recession levels, will our economy be as healthy as it was in 2006? Not necessarily, the research shows. Even as rising housing prices and falling unemployment rates show signs of an economic recovery, it’s important to note that the recession has permanently shifted our job market for the worse. A new study published by the National Employment Law Project shows that while the majority of jobs lost during the recession were in the middle-income range, the jobs that have since come to replace them are lower-paying hourly-wage positions. According to the Fair Labor Standards Act (FLSA), employees are generally divided into two categories: exempt and nonexempt. Continue Reading →

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