In a recent survey conducted with 1,000 likely American voters 41 percent said expanding overtime pay will hurt businesses.
President Obama ordered the Labor Department last week to revise federal rules to allow more workers to qualify for overtime pay. Voters have mixed feelings about how this change will impact the economy, but they are more pessimistic about its impact on businesses.
Thirty-seven percent believe increasing the number of people eligible for overtime pay will help the economy. Nearly as many, 34 percent think this change will hurt the economy instead. Fourteen percent believe expanding overtime will have no economic impact, while 15 percent are undecided.
The poll showed 41 percent believe increasing the number of people eligible for overtime pay will hurt businesses; 25 percent believe the change will help businesses, while 21 percent say it will have no impact and 12 percent are undecided.
Fifty-five percent believe decisions made by U.S. business leaders to help their own businesses grow will do more for the economy than decisions made by the government. Thirty-four percent say decisions made by the government will do more to help the economy. Twelve percent are not sure which is best.
Only 33 percent believe more laws are needed to protect the rights of workers in the United States. Most, 54 percent believe there are already enough laws in place that protect workers’ rights, while 14 percent are not sure.