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Obama said set to expand overtime eligibility for millions
Dallas News: The Obama administration plans to raise the wages of millions of Americans who work more than 40 hours a week by requiring their employers to pay them overtime.
The Department of Labor will announce as soon as Tuesday a draft regulation to increase the minimum salary for exempting workers from a federal overtime requirements to $970 a week in 2016, the equivalent of a $50,440 annual salary, said an administration official, who asked for anonymity because the plan hasn’t been officially announced.
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