“Actually, the United States has only one major labor law, said Kevin Miller of the Institute for Women’s Policy Research.

“With the exception of the Family and Medical Leave Act, which is fairly weak, the only major labor law in the United States is the fair labor standards act, which created the minimum wage and outlawed child labor,” he said. “And that was passed in 1938.”

Given that, President Obama’s Council of Economic Advisers is calling for new work-life balance policies that reflect the demands facing today’s workforce.”