The apprenticeship rule, marked as "withdrawn" on the Office of Management and Budget's website November 27, would have significantly altered apprenticeship programs.
The decision means the minimum salary threshold for overtime exemption that went into effect on July 1 is now void. Additionally, the threshold increase that was to take effect Wednesday, Jan. 1, 2025, is also now void.
The U.S. Department of Labor has issued a memo mandating prevailing wages for technicians conducting testing, adjusting and balancing (TAB) work on Davis-Bacon Act projects.
The DOL released its final overtime rule which expands overtime protections increases the minimum salary thresholds required to exempt a salaried bona fide executive, administrative, or professional employee (EAP) from federal overtime pay requirements.
Association of union sheet metal contractors and an association of non-union builders issue statements ahead of DOL apprenticeship program rule finalization
On Monday, the Sheet Metal and Air Conditioning Contractors' National Association (SMACNA) and Associated Builders and Contractors (ABC) submitted comments to the Department of Labor.
Associated Builders and Contractors (ABC) expresses concern with new Biden administration policies requiring apprentices on federally assisted construction
According to U.S. Bureau of Labor Statistics data, the construction industry had 8.137 million craft and noncraft employees as of January 2024, and experienced an unemployment rate between 3.5% and 4.8% during peak construction months in 2023.