Jobs

Millions more American workers will soon be eligible for overtime pay under a rule being finalized Wednesday by the Labor Department.

The rule says anyone who makes less than $47,476 per year must receive time-and-a-half pay for hours worked beyond 40 hours a week. That's roughly double the current threshold of $23,660.

The measure is one of the most sweeping moves the Obama administration has made so far in its efforts to boost slow-growing incomes. But it's sure to face opposition from some business owners.

Studies have been showing for years that this country's middle class is shrinking.

Now, the nonpartisan Pew Research Center has added another dimension to the story: Its examination of government data shows the problem is not confined to the Rust Belt or Appalachia.

In fact, the middle is shrinking from coast to coast.

Lafarge

Cement manufacturer Lafarge has announced they are no longer expanding operations at their plant in Massac County, Illinois.

The plan had been to add a third kiln at the Joppa Cement Plant which would have created around 50 new jobs.

Kobe Steel Logo, via Wikimedia Commons

An aluminum extrusion and fabrication facility is locating in Bowling Green, where officials say Kobe Steel Ltd. plans to invest $46.7 million and create 105 jobs. 

U.S. Department of Labor Secretary Thomas Perez says his agency will use its "bully pulpit" to strike at what he calls "a disturbing trend" that leaves workers without medical care and wage replacement payments when they are injured on the job.

In an interview with NPR, Perez also confirms a Labor Department investigation of an opt-out alternative to state-regulated workers' compensation that has saved employers millions of dollars but that he says is "undermining that basic bargain" for American workers.

Marshall County Fiscal Court

Economic development officials in Marshall County are awaiting word on whether or not a project that could bring nearly 50 jobs to the county will be approved for state financial incentives.

Automation may replace millions of jobs in Tennessee

Mar 21, 2016
iStockPhoto

A report released by the state of Tennessee suggests that up to 1.4 million people are at risk of losing their jobs to automation.

rido, 123rf Stock Photo

The health care industry in Kentucky continued to add jobs in 2015, according to newly revised data from the federal Bureau of Labor Statistics.

The U.S. economy gained 242,000 jobs in February while average wages dropped slightly, according to a Bureau of Labor Statistics report released Friday.

The unemployment rate held steady at 4.9 percent.

The report indicates stronger job growth than expected, and an improvement over the previous month. January's count of 151,000 new jobs — far lower than had been anticipated — was revised upward, to 172,000. And the job gains for December were also revised upward, from 262,000 to 271,000.

iStockPhoto

Kentucky’s rate of unemployment rose slightly to 5.8 percent in January this year.  

According to the state Office of Employment and Training, the preliminary January jobless rate was half a percentage point above the 5.3 percent rate recorded in January 2015.  

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