The proposed regulation would require employers to pay overtime to their salaried workers who are in executive, administrative, and professional roles, and make less than $1,059 a week, or $55,068 a year for full-time employees.
Money & Jobs
As Strikes Continue, Biden Administration Highlights its Pro-Union Agenda
The administration’s show of support comes as unprecedented worker organizing — from strike authorizations to work stoppages — hit multiple industries this year, including, transportation, entertainment, hospitality and health care.
Credit Where Credit’s Due: Who Cut Virginia’s Grocery Tax?
At the beginning of the year, a new law cutting Virginia’s grocery tax to 1% took effect. Now, lawmakers in both parties are vying for credit as they run for reelection.
Federal Grant to Bring High-Speed Internet to Southwest Virginia Counties
Many Virginians living and working in some of the commonwealth’s most rural and isolated communities don’t have the access to fast, reliable internet. A massive new grant will change that for residents in a historically underserved region in southwestern Virginia.
Virginia Man Celebrates Biden’s Broadband Investment at White House
Nearly 365,000 people in Virginia—many of whom live in rural areas—lack access to high-speed broadband internet, according to estimates from the FCC. But new funding aims to help get them connected.
Virginia Gets $1.5 Billion for High-Speed Internet Expansion From Biden’s Infrastructure Law
This funding’s aim is to help connect the estimated 8.5 million families and small businesses nationwide that still haven’t been able to access the full capabilities of modern technology.
Biden’s Signature Climate Law Will Create a Domestic Jobs and Manufacturing Boom, Study Finds
A new report finds that the Inflation Reduction Act will dramatically lower the cost of solar and wind energy projects, create millions of new jobs, and more.
Biden’s Infrastructure Law to Help Norfolk Reconnect Communities
Funds for Norfolk’s “I-264 Reconnecting Communities” project aim to address the fact that communities of color have been cut off from job centers, educational hubs, food markets, and more.
What Virginia Has Gotten Out Of Biden’s Infrastructure Law (So Far)
In Virginia, 117 infrastructure projects have been announced so far, and more are in the works. Here’s a look at the work that’s being done in the Old Dominion and how it helps Virginians.