The Biden administration unveiled a new rule that would see some 3.6 million new workers entitled to overtime pay. The Labor Department is proposing raising eligibility to salaried workers who earn up to $55,000 per year — up from around $35,500. Those employees would be guaranteed time-and-a-half pay after working more than 40 hours in a week. The change would benefit workers across a range of industries including manufacturing, healthcare and retail. Some trade groups condemned the rule and could seek to challenge it in court. The Congressional Progressive Caucus welcomed the move but urged increasing the salary threshold to workers making up to $80,000 a year.