Marty Cantor, economic development consultant and CPA, joined Cheddar News to talk about the state of the labor market, particularly as numbers suggest it is cooling down. Cantor said people are holding on to their jobs rather than exploring the market because of lower wages and a smaller pool of options to go elsewhere.
The Biden administration will propose a new rule Wednesday that would make 3.6 million more U.S. workers eligible for overtime pay, reviving an Obama-era policy effort that was ultimately scuttled in court.
