A federal court has invalidated a U.S. Department of Labor rule on overtime thresholds, meaning planned increases to nearly $59,000 scheduled for Jan. 1, 2025, will not happen.
The recent increase which took effect on July 1, 2024, is also overturned. The salary threshold for the so-called “white-collar” exemptions rose to about $44,000 on July 1 and was set to jump to nearly $59,000 on January 1, 2025. The previous thresholds set in 2019 will now be back in effect.
The Biden Administration could appeal the ruling, but observers feel that is unlikely to change the outcome before President-elect Trump takes office in January.
Ohio Tourism Works, a coalition of entities representing businesses and allies in the travel sector, has released new data underscoring the positive economic impact of marketing conducted by the State of Ohio to bring visitors and their dollars into Ohio.
The coalition, including OHLA, the Ohio Travel Association, the Ohio Association of CVBs, the Ohio Restaurant and Hospitality Alliance, the Ohio Chamber, and others, is calling on state lawmakers to ensure that funding for this critical need is included in the state budget that will be introduced after January 1.