General information on coverage under the FLSA which sets minimum wage overtime recordkeeping and youth employment standards. This fact sheet provides general information concerning coverage under the FLSA. The FLSA is the Federal law which sets minimum wage, overtime, recordkeeping, and youth employment standards. The minimum wage for covered nonexempt workers is not less than $7.25 per hour effective July 24, 2009. With only some exceptions, overtime ("time and one-half") must be paid for work over forty hours a week. Child labor regulations prohibit persons younger than eighteen years old from working in certain jobs and additionally sets rules concerning the hours […]