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Baltimore-based government contractor accused of keeping 401(k) funds
The company is charged with keeping some of its employees' contributions to their retirement plans and failing to make employer contributions for nearly five years.
Labor proposal could upend rules for gig workers, companies
The U.S. Department of Labor has published a new proposal on how workers should be classified, saying that thousands of people have been incorrectly labeled as contractors rather than employees.
New DOL opinion letters offer employers guidance
After nearly a 10-year hiatus, the U.S. Department of Labor’s Wage and Hour Division recently issued three formal opinion letters, setting forth its views on various wage-and-hour issues addressed to the WHD by interested parties.
Md. high court: Collection-agency law does not cover mortgage default
Entities seeking to collect defaulted mortgage loans in Maryland need not be licensed by state, Maryland’s top court ruled Thursday.
Trump’s regulatory freeze leaves questions for fiduciary rule
President Donald Trump’s order for a regulatory freeze has led the financial industry to wonder about the fate of the Department of Labor’s fiduciary duty rule that will define how financial advisers handle retirement accounts. But although some industry groups have urged Trump to delay or reverse the rule, local experts think the regulation, some […]
Deadline looming for new overtime regulations
With 10 days to go until new overtime regulations under the Fair Labor Standards Act kick in, employers across Maryland should be taking a hard look at how the law will affect their business, if they haven’t already. The new regulations, which go into effect Dec. 1, set the salary threshold for non-exempt employees to $913 per […]
Maryland added 700 jobs in August
Maryland added 700 jobs and the state’s unemployment rate stayed at 4.3 percent in August, according data released Tuesday by the U.S. Department of Labor’s Bureau of Labor Statistics. According to the preliminary survey data, the first six months in 2016 have posted over-the-month job gains. The state’s preliminary jobs estimate for July was revised […]
Md. economists question impact of new overtime regulations
Two Maryland economists Wednesday questioned the likely impact of new regulations from the U.S. Department of Labor that would expand overtime pay for millions of salaried workers, saying the rules might lead instead to a cutback on employees’ hours. The federal rules would require overtime pay for some 4.2 million salaried workers, including an estimated […]
Maryland loses 6,200 jobs in June, third-worst in nation
Following two months of significant gains in its private employment numbers, Maryland lost 6,200 jobs in June, the U.S. Department of Labor reported Tuesday. Only Illinois and New Jersey experienced greater over-the-month decreases in employment than Maryland, which has now seen net losses in two of six months this year. Maryland had added 16,300 jobs […]
Pace of U.S. hiring weakens; 126K jobs added in March
The weakening U.S. economy spilled into the job market in March.
Community colleges get $15M for cybersecurity
Maryland officials now have another reason to declare the state the nation’s cybersecurity capital.
Legal sector sees largest job growth in a year
The legal services sector added 3,300 jobs in August, marking its largest employment jump in more than a year, according to the Department of Labor’s monthly employment report.
