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News

DOL Further Delay of Effective Date of Final Rule on Computation of Prevailing Wage Levels

May 16, 2021 | DOL PERM

The Department of Labor has further delayed until November 14, 2022, the effective date of the final rule on computation of prevailing wage levels which was published at 86 FR 3608 on 1/14/21. The corresponding transition dates are delayed until January 1, 2023, January 1, 2024, January 1, 2025, and January 1, 2026, respectively. We will provide further updates as they become available.

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    Federal prosecutors on Friday unsealed the latest indictment in an allegedly sprawling conspiracy involving Quadrant Magnetics LLC and its employees, charging Quadrant's CEO with conspiring to export sensitive U.S. defense data to China while illegally selling U.S. defense companies Chinese-made Quadrant magnets.

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