Economic Snapshot
4.7 million millennials would directly benefit from raising the overtime salary threshold to $50,440: Number of workers age 16–34 covered under current and proposed overtime salary threshold, 2014
Currently covered | Covered under new threshold | |
---|---|---|
Current threshold | 1,960,000 | |
New threshold | 1,960,000 | 4,744,000 |
The sample reflects salaried (nonhourly) workers who are subject to the Fair Labor Standards Act (FLSA). This excludes certain groups of workers such as the self-employed, most federal workers, religious workers, many agricultural workers, and many transportation workers.
This chart appears in:
Previous chart: « Capital share of corporate income : Share of corporate-sector income received by workers over recent business cycles, 1948–2015
Next chart: Employment-to-population ratio of workers ages 25-54, 1989-2015 »