With the new Congressional session in full swing, Congressman Langevin has returned to Washington and remains focused on working for the people. While he is eager to continue advocating for Rhode Island’s Second Congressional District, I want to share some of our accomplishments from 2019. Last year, the House of Representatives considered and passed important legislation [...]
Also published on the Providence Journal The biggest challenge Rhode Island companies face is finding skilled workers to hire. We’d know--together, we represent some of the biggest industries in our state and employ more than 40,000 Rhode Islanders. And while our companies and business models are very different, we’ve shared an experience for the last [...]
National Association of Manufacturers Chief Economist Chad Moutray, however, commented in a statement that the report marked a “rebound” for manufacturing. He said that manufacturers are now seeing slow-moving “signs of stabilization,” and urged the United States to ratify USMCA, make progress on negotiations with China, and reauthorize the Export-Import bank long-term in order to [...]
Federal Overtime Salaried Employees Change: Employees who make less than $35,568 are now eligible for overtime pay under a final rule issued today by the U.S. Department of Labor (DOL). The new rate will take effect Jan. 1, 2020. To be exempt from overtime under the federal Fair Labor Standards Act (FLSA), employees must be [...]
United States factory production rebounded by more than forecast in November and rose excluding a surge in auto production following the end of the General Motors Co. strike, in a sign of stabilization in manufacturing. The 1.1% increase in manufacturing output, the biggest gain since early 2018, followed a 0.7% decrease in October, Federal Reserve [...]
Whitehouse introduced the American Business Tariff Relief Act last year to address concerns raised by Rhode Island businesses regarding the process for companies to apply for exclusions from increased tariffs. The legislation would require the U.S. Trade Representative and the Department of Commerce to establish a process under which U.S. businesses can request exclusions from increased tariffs [...]
Manufacturing employment jumped by 54,000 workers in November, bouncing back from the loss of 43,000 employees in October. Much of that volatility stemmed from the effects of the auto strike, with motor vehicles and parts employment up 41,300 in November, rebounding from a similar loss in the prior report. There were 12,865,000 manufacturing workers in [...]