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Whatever happened to overtime? (with Sharon Block and Chris Lu)

Whatever happened to overtime? (with Sharon Block and Chris Lu)

FromPitchfork Economics with Nick Hanauer


Whatever happened to overtime? (with Sharon Block and Chris Lu)

FromPitchfork Economics with Nick Hanauer

ratings:
Length:
47 minutes
Released:
Mar 12, 2019
Format:
Podcast episode

Description

The overtime threshold used to be the minimum wage for the middle class—but where did it go? Labor experts Sharon Block and Chris Lu join Nick and Jasmin to explain why the overtime threshold, which used to cover 65 percent of workers, today covers only 7 percent. That’s craziness! And surprise, surprise—employers love to claim that forcing you to work for free is in your own best interest. But are they telling the truth?
Sharon Block is the Executive Director of the Labor and Worklife Program at Harvard Law School. For twenty years, she held key labor policy positions across the legislative and executive branches of the federal government, including head of the policy office at the Department of Labor. 
Twitter: @sharblock
Chris Lu was the U.S. Deputy Secretary of Labor in the Obama Administration from 2014 to 2017. He also served as Assistant to the President and White House Cabinet Secretary under Obama from 2009 to 2013. He is a Practitioner Senior Fellow at the UVA Miller Center.
Twitter: @ChrisLu44
Further reading: 
https://crooked.com/articles/beat-trump-overtime-pay/
https://www.politico.com/magazine/story/2014/11/overtime-pay-obama-congress-112954
Released:
Mar 12, 2019
Format:
Podcast episode

Titles in the series (100)

Any society that allows itself to become radically unequal eventually collapses into an uprising or a police state—or both. Join venture capitalist Nick Hanauer and some of the world’s leading economic and political thinkers in an exploration of who gets what and why. Turns out, everything you learned about economics is wrong. And if we don’t do something about rising inequality, the pitchforks are coming.