Ethel Sprouse, a real estate appraiser and former mayor of Cedar Bluff, Alabama, has become the poster child — or, rather, the poster senior citizen — for the type of investor who proves the need for the expanded fiduciary rule proposed by the U.S. Department of Labor. read more >
The Arkansas Department of Workforce Services, in partnership with the Arkansas Apprenticeship Coalition, has launched what it says is the state’s first IT apprenticeship program. read more >
A report Friday by the Arkansas Department of Workforce Services, shows Arkansas’ seasonally adjusted unemployment rate dropped two-tenths of a percentage point, from 5.6 percent in July to 5.4 percent in August. read more >
Arkansas’ seasonally adjusted unemployment rate decreased one-tenth of a percentage point, from 5.7 percent in June to 5.6 percent in July, according to labor force data from the U.S. Department of Labor, Bureau of Labor Statistics. read more >
On June 30, the U.S. Department of Labor released a proposed rule that would increase the minimum salary for employees exempt under the “white-collar” exemptions of the Fair Labor Standards Act to $970 per week, the equivalent of $50,440 annually, which represents the 40th percentile of earnings for all full-time salaried workers throughout the United States. read more >
Health care reform is increasing the importance of the correct classification of employees, employment lawyers and others say. That’s because the “employer mandate” of the Patient Protection & Affordable Care Act requires businesses with 50 or more full-time employees (or their equivalent) to offer those workers health insurance. read more >
The number of people seeking unemployment benefits fell sharply to a seasonally adjusted 410,000 last week, though the figure was elevated for the second straight week by Superstorm Sandy. read more >
The number of people seeking unemployment benefits fell last week by 8,000 to a seasonally adjusted 355,000, a possible sign of a healing job market. But officials cautioned that the figures were distorted by Superstorm Sandy. read more >
U.S. employers posted fewer job openings in September after advertising more in August than first estimated. The report suggests hiring will likely remain modest in the coming months. read more >