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Meet Nick: One in 5 Million Americans Who Could Be Helped by the Overtime Rule

Thu, 2015-07-02 13:09

It's a simple premise: A hard day's work ought to lead to a fair day's pay. 
The problem is, our current legal code doesn't reflect that simple truth. We're doing something to change that.
Earlier this week, President Obama announced that the Department of Labor will propose extending overtime pay to nearly 5 million workers. That would mean that most salaried workers making less than an estimated $50,440 next year would now be guaranteed overtime pay.
Nick may be one of them.
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Asked and Answered: Hannah's Song

Thu, 2015-07-02 12:20

This is the latest post in our "Asked and Answered" series, in which we periodically feature an exchange between the President -- or a Senior Administration Official -- and an American who wrote him. If you'd like to write the President yourself, you can do so here.

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The Employment Situation in June

Thu, 2015-07-02 09:30

The economy added 223,000 jobs in June as the unemployment rate fell to 5.3 percent. Our economy has now added 5.6 million jobs over the past two years, the strongest two-year job growth since 2000. But despite this progress, there is more work to do. We must continue to build on the positive trends underlying our economy by ensuring that Americans working overtime receive a fair day’s pay, opening new markets for U.S. goods and services through expanded trade, increasing investments in infrastructure, providing relief from the sequester, and raising the minimum wage.

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Count the Blessings of Citizenship

Thu, 2015-07-02 00:00

On July 4, 1776, fifty-six men in Philadelphia had a choice. They could continue to live under tyranny, or they could take a stand for liberty...

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This July 4th, We Salute Veterans Who Own Small Businesses

Thu, 2015-07-02 00:00

Independence Day is right around the corner, and as the preparation begins for 4th of July festivities, it’s important to recognize the contributions that veterans have made not only while in...

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A New Federal Pilot Program for Small and Emerging Pension Fund Managers

Thu, 2015-07-02 00:00

Editor's note: This blog is by Nick Perkins, MBDA Business Development Specialist and first appeared at...

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Kelly Wrote the President About Health Reform -- Today, She's With Him in Nashville.

Wed, 2015-07-01 15:09

Every day, the White House receives thousands of letters and emails from across the country. Our job in the Office of Presidential Correspondence is to sort and read each message and make sure that President Obama hears directly from Americans about what matters to them.

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Secretary Pritzker Speaks on Workforce Training, Increasing Market Access and Protecting the Digital Economy at 2015 Aspen Ideas Festival

Wed, 2015-07-01 14:46

At the 2015 Aspen Ideas Festival, U.S. Secretary of Commerce Penny Pritzker discussed the Department’s efforts to keep America’s businesses and workers competitive through workforce training, increasing market access around the world, and protecting the digital economy.

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Follow Along: The President is Taking Your Questions on Twitter

Wed, 2015-07-01 14:30

The President's down in Nashville today, where he's talking with Americans whose lives health reform has made better. (He even gave one of them a ride in his motorcade this morning.)
He wants to open that conversation up to Americans across the country, too.
So at 3:30 p.m. Eastern today, we're going to get him online, and he's going to take your questions and respond to your stories on Twitter.
Participate using the hashtag #AskPOTUS, and follow along here.
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Presidential Ambassador for Global Entrepreneurship Tory Burch to Travel to South Korea

Wed, 2015-07-01 14:29

As the U.S. Secretary of Commerce, and the Administration’s point person on entrepreneurship, one of the best parts of my job is meeting some of the world’s most promising entrepreneurs. From Silicon Valley to Saudi Arabia, I have met with the inspiring men and women who are working to become the  next generation of innovators. I have learned from them about the importance of creating mentorship opportunities and fostering global connections.  Thanks to technology, a new business can be global from the moment it starts.

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