Historically, spot prices are more volatile than long-term prices. The spot price began the year at $35.50 per pound U3O8. It rose to $39.50 per pound U3O8 during the beginning of the year and then declined to $34.25 per pound U3O8 by the end of the year and was last quoted at $31.10 per pound U3O8 on March 7, 2016.
The 1947 TaftâHartley amendments to the National Labor Relations Act (1935) sanctioned a stateâs right to pass laws that prohibit unions from requiring a worker to pay dues, even when the worker is covered by a union-negotiated collective bargaining agreement.
Find out about overtime, the minimum wage, travel and training time, wage garnishments, hour cuts and furloughs, and much more. The Fair Labor Standards Act. Learn about the federal law that sets the legal rules for wages and hours. 1  Your Rights Under the Fair Labor Standards Act. 2  The FLSA sets the minimum wage, requires overtime, regulates child labor, and more.