Labor and Employment
Overregulation and Workforce Challenges Weigh Heavily on Manufacturing Sector
Optimism Sinks to Pandemic Lows in Q3 Outlook Survey
Washington, D.C. – The National Association of Manufacturers released its Manufacturers’ Outlook Survey for the third quarter of 2023, which registered the lowest level of optimism among NAM members (65.1%) since Q2 2020, as the sector continues to confront a tight labor market, unbalanced federal regulations and critical policy debates in Congress. “Manufacturers continue to …
Manufacturers Sue SEC to Protect Private Businesses, Release Data on Harmful Impact of Novel Rule Interpretation
Washington, D.C. – The National Association of Manufacturers and the Kentucky Association of Manufacturers filed a SEC Rule 15c2-11 requires broker-dealers to ensure that key information about companies issuing over-the-counter equity securities is current and publicly available prior to quoting those issuers’ securities. SEC Rule 144A allows for resales of securities (primarily corporate debt issuances) …
West Coast Dockworkers Ratify Contract
advocated for a resolution to these talks and commissioned an economic impact
Manufacturers Signal Concerns with Proposed DOL Overtime Rule
NAM: DOL’s proposed rule would inject new regulatory burdens and compliance costs to an industry already reeling from workforce shortages
Washington, D.C. – In response to the U.S. Department of Labor’s issuance today of a proposed rule altering the exemptions for overtime eligibility under the Fair Labor Standards Act, National Association of Manufacturers Managing Vice President of Policy Chris Netram issued the following statement: “Manufacturers have spent the past several years adapting operations and personnel …
