Highlight: Trying to Raise a Financial Ceiling

Published: Sept. 4, 2023, 2:30 a.m.

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Earlier this week, the Biden administration proposed a rule that would raise the ceiling of salary eligibility to earn overtime pay. \\xa0The new maximum dollar amount where employees are allowed to make the extra money could affect millions of workers across various industries. \\xa0But would this increase be enough for today\\u2019s prices? \\xa0University of St. Thomas associate professor of economics Dr. Tyler Schipper goes through some of these details.

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