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Department of Labor poster notifying employees of rights under the Fair Labor Standards Act. The Fair Labor Standards Act of 1938 29 U.S.C. § 203 [1] (FLSA) is a United States labor law that creates the right to a minimum wage, and "time-and-a-half" overtime pay when people work over forty hours a week.
In the U.S., it can occur with respect to tax treatment or the Fair Labor Standards Act. The U.S. Government Accountability Office (GAO) reports that the IRS claims to lose millions of dollars in uncollected payroll, social security, Medicare and unemployment insurance taxes because of misclassification of independent contractors by taxpayers. [1]
The Fair Labor Standards Act of 1938 requires a federal minimum wage, currently $7.25 but higher in 29 states and D.C., and discourages working weeks over 40 hours through time-and-a-half overtime pay. There are no federal laws, and few state laws, requiring paid holidays or paid family leave.
Children worked adult hours for pennies in mills and factories all over the United States until reforms came with the Fair Labor Standards Act of 1938. - Bettmann/Bettmann/Bettmann Archive The ...
When President Franklin D. Roosevelt signed the Fair Labor Standards Act of 1938 into law, it established the nation’s first minimum wage, but conspicuously excluded several classes of workers ...
Children worked adult hours for pennies in mills and factories all over the United States until reforms came with the Fair Labor Standards Act of 1938. Credit - Bettmann Archive.