00:00It's Benzinga, bringing Wall Street to Main Street.
00:02The U.S. Department of Labor plans to overhaul the PERM labor certification process
00:07businesses must clear before sponsoring a foreign worker for a green card, according to Bloomberg
00:11law. The proposal is part of the Trump administration's new rulemaking blueprint
00:16and follows scrutiny of the process amid a broader crackdown on perceived abuses of the H-1B visa
00:22program. The DOL said technology changes have altered recruiting practices since PERM rules
00:29were last updated in 2004. The proposal will focus on standards for recruiting qualified
00:34U.S. workers and safeguards for American workers affected by layoffs. The department also plans
00:40rules on independent contractors, heat injury prevention, mine silica standards, youth work
00:45hours, tipped employees, and domestic service workers. For all things money, visit Benzinga.com.
