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Apparently you might be getting a race soon,
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not you, but millions of millions of salaried Americans are now
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eligible to receive overtime pay again.
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This might benefit you.
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So just listen up literally giving me a raise on.
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Yeah, I don't I don't call the shots here but this
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is on tape, you know who's watching.
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So let us know anyways.
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So starting in July,
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if you earn up to $43,000 a year or about 850 a
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week, you might be eligible to receive overtime in January.
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It will increase to $58,000 a year.
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Previously, the limit was over $35,000 a year.
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You following me here?
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Cool. Alright, I'll be giving you a raise on the
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show but I guess not.
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It's hey, I don't call the shots.
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Trust me. Restaurants and construction companies in particular are worried that
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the rule may lead them to shut down or raise prices.
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They claim that the Department of Labor created a one size fits
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all rule based on national income data rather than regional data.
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And that that kind of makes sense.
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I mean, because every,
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you know, state and area.
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Yeah, exactly. The cost of living.
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but this is gonna change this proportionately big word,
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sorry., and it's gonna impact restaurant owners in the
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south and the Midwest,
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this regulation will impact millions of us workers and over 1 million
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of those are people of color.
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The financial impact is estimated to be over 1.5 billion in earnings
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for workers. The rule however,
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is expected to be challenged in court.
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So the good news is more money in our pocket.
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But the bad news is that some smaller businesses are gonna feel
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this pain. It's a complicated issue for sure.
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I feel like it's like,
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like to do it everywhere.
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It's kind of hard because like you said,
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the cost of living somewhere is different from somewhere else.
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You know, to see if your job qualifies.
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Check out the Department of Labor's website,
Series