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Claim Your Free Copy of Overtime Primer: Highlights from the New Regulations

The federal DOL overtime regulations go into effect this year. Are you ready?

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This report includes a summary of key changes, including the salary level test and salary basis test.

As a bonus, we've included a handy flowchart to help you determine exemption status under the FLSA.

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July 07, 2006
Employers Add 121,000 Jobs to Payrolls

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Payroll employment rose by 121,000 in June, and the unemployment rate was unchanged at 4.6 percent, the Bureau of Labor Statistics of the U.S. Department of Labor reported.

The bureau also reported revised data on the employment situation in May. In the revised report, the bureau said employers added 92,000 jobs in May, up from 75,000 in initial estimates.

Payroll growth averaged 108,000 jobs per month in the second quarter, down from an average monthly gain of 169,000 jobs over the 12-month period ending in March.

In June, healthcare employment increased by 19,000 jobs. Over the past 12 months, the industry added 278,000 jobs.

Employment in professional and business services grew by 25,000 in June. Job gains in the industry have averaged 27,000 per month so far in 2006, compared with 41,000 per month in 2005.

Meanwhile, average hourly earnings of production or nonsupervisory workers on private payrolls rose by 8 cents in June to $16.70, seasonally adjusted. This followed increases of 10 cents in April and 1 cent in May. Average weekly earnings increased by 0.8 percent in June to $566.13. Over the year, average hourly earnings increased by 3.9 percent and average weekly earnings increased by 4.5 percent.

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