City of Pasadena and Pasadena Chamber of Commerce Bring Experts Together at Altadena Town and Country Club

Jobs (from the New York Times): Job Growth Slows, Sowing a Mix of Concern and Calm-U.S. employers added 150,000 workers in October, falling short of expectations, but the labor market retains spark nearly three years into a recovery.

The labor market has been relentlessly hot since the U.S. economy began to recover from the shock of the pandemic. But there are signs of cooling as the holidays approach.

The Pasadena Unified Board of Education is asking for your help in selecting our next superintendent. To ensure this is a collaborative and inclusive process, the Board is providing an anonymous online survey and encourages your participation. This is an opportunity for the Board to receive input from students, staff, parents, and the community. Please follow the link below to provide your input.

Overtime-What Is the Department of Labor’s New Proposed Rule Regarding Overtime Compensation? Right now, if you’re employing anyone who’s salaried and not supervising someone and that person is making more than $35,000 a year, you don’t have to pay that person overtime. The Department of Labor is looking to change that and raise that salary limit up to $55,000 a year. This means, anyone considered a non-exempt employee, that doesn’t supervise others and is on salary can be making $55,000 a year.

The Middle East and the Economy (from the New York Times): Fed warns of more risks from Mideast conflict-President Biden used a rare address from the Oval Office last night to urge Americans to support war efforts in Israel and Ukraine, as Israeli troops amassed ahead of a possible ground invasion of the Gaza Strip and exchanged fire with Hezbollah forces near the border with Lebanon.