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On January 10, 2024, the U.S. Department of Labor (DOL) issued the final independent contractor rule, which provides guidance to assess how workers should be classified under the Fair Labor Standards Act (FLSA). The FLSA sets standards for minimum wage, overtime pay, recordkeeping, youth employment standards and other requirements that apply to employees in the private sector. This final rule takes effect on March 11, 2024 and rescinds the 2021 independent contractor rule from the prior Administration. The DOL stated that the newly issued guidance in the rule aligns with longstand...