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Details of Proposal The DOL was put in place as Public Law 426-62 by former president William Howard Taft on March 4 1913 At that time according to wwwdolgov President Taft noted that the purpose of the DOL would be to foster promote and develop the welfare of the wage earners of the United States to improve their working conditions and to advance their opportunities for profitable employment 2004 Since the DOL has been in existence they have created many statutes that have been turned into Acts by congress Some of the most important statutes in the DOLs history are the Federal Employees Compensation Act 1916 Fair Labor Standards Act 1934 The Social Security Act 1935 Equal Pay Act 1963 Occupational Safety and Health Act 1971 and the Family and Medical Leave Act 1993 At wwwdolgov the DOLs current mission statement reads very much like President Tafts original plan The Department of Labor fosters and promotes the welfare of the job seekers wage earners and retirees of the United States by improving their working conditions advancing their opportunities for profitable employment protecting their retirement and health care benefits helping employers find workers strengthening free collective bargaining and tracking changes in employment prices and other national economic measurements In carrying out this mission the Department administers a variety of Federal labor laws including those that guarantee workers rights to safe and healthful working conditions a minimum hourly wage and overtime pay freedom from employment discrimination unemployment insurance and other income support Elaine L Chao is the nations 24th Secretary of Labor and first Asian-American woman ever to hold this office She graduated with her MBA from Harvard Business School It is said that Chao represents a new generation of American leadership Chao was once a member of the Peace Corps and The United Way She has served in other government positions such as Deputy Secretary at the US Department of Transportation Chairman of the Federal
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