Final answer:
The amendment to the Fair Labor Standards Act in 2003 impacted computer programmers who lost entitlement to overtime pay if their regular pay was $65,000 or more. This could have led to a decrease in the workers' total income and affected their work-life balance. The change might have also influenced labor costs and employment trends in the technology industry.
Step-by-step explanation:
The amendment to the Fair Labor Standards Act in 2003 had an impact on computer programmers. If their regular pay was $65,000 per year or more, they were no longer entitled to overtime pay. This change could have affected both the workers and the economy in several ways.
For the workers, the loss of overtime pay could have meant a decrease in their total income. Overtime pay can provide additional income and help workers meet their financial needs. The change in the law may have also affected the work-life balance of computer programmers, as they might have had to work more hours without additional compensation.
In terms of the economy, the impact would depend on the magnitude of the change. If a large number of computer programmers lost their entitlement to overtime pay, it could have reduced labor costs for employers in the technology industry. This reduction in costs could have led to an increase in profitability for companies and potentially influenced employment trends in the industry.