Search Results for keywords:"Employment Cost Index"

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Search Results: keywords:"Employment Cost Index"

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  • 2021-04101 — Agency Information Collection Activities; Submission for OMB Review; Comment Request; National Compensation Survey
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    Type:Notice
    Citation:86 FR 12036
    Reading Time:about 4 minutes

    The Department of Labor (DOL) is seeking approval for an information collection request regarding the National Compensation Survey from the Office of Management and Budget (OMB), as required by the Paperwork Reduction Act of 1995. The survey gathers data on earnings and benefits from private firms and government, which is used to produce important economic indicators like the Employment Cost Index. The DOL invites public comments on the necessity, accuracy, and burden of the data collection, which is crucial for evaluating employee compensation trends. Responses to this request are due by March 31, 2021.

    Simple Explanation

    The Department of Labor wants to check how much people get paid by asking businesses and the government for some information, and they need permission to do this. They also want people to share their thoughts on whether this is important, fair, and how it affects those who have to provide the information.

  • 2024-29550 — Labor Certification Process for the Temporary Employment of Foreign Workers in Agriculture in the United States: Adverse Effect Wage Rate for Range Occupations
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    Type:Notice
    Citation:89 FR 101630
    Reading Time:about 4 minutes

    The Employment and Training Administration of the Department of Labor has announced updates to the Adverse Effect Wage Rate (AEWR) for temporary nonimmigrant foreign workers (H-2A workers) involved in herding or livestock production on the range. AEWRs are the minimum wages that must be offered to ensure that U.S. workers in similar jobs are not negatively impacted. Starting January 1, 2025, employers must pay H-2A workers at least $2,058.31 per month, based on a 3.8% increase reflected by the Employment Cost Index from September 2023 to September 2024. This notice ensures that wage levels keep up with inflation and maintain fair compensation for these workers.

    Simple Explanation

    The government says that from January 2025, farmers in the U.S. who hire temporary foreign workers to care for animals have to pay them at least $2,058.31 each month, to make sure they're getting fair pay like American workers.