Highlight: Trying to Raise a Financial Ceiling

04/09/2023 10 min
Highlight: Trying to Raise a Financial Ceiling

Listen "Highlight: Trying to Raise a Financial Ceiling"

Episode Synopsis

Earlier this week, the Biden administration proposed a rule that would raise the ceiling of salary eligibility to earn overtime pay.  The new maximum dollar amount where employees are allowed to make the extra money could affect millions of workers across various industries.  But would this increase be enough for today’s prices?  University of St. Thomas associate professor of economics Dr. Tyler Schipper goes through some of these details.