NAHB: Proposed federal overtime rules would worsen construction industry labor shortage

Proposed federal overtime regulations would affect at least 116,000 supervisors in the construction sector nationwide, according to Robert D. Dietz, an NAHB economist. The new rules would more than double the salary threshold required to qualify for the white collar overtime exemption. “Given the ongoing challenge construction employers are having accessing labor, this regulation will reduce market flexibility and increase costs, thereby reducing the economic benefits that can be generated by a recovering construction sector,” Dietz says.

Read more