A bill to amend the Fair Labor Standards Act of 1938 with respect to an exemption for certain young employees who enter into an agreement with an employer to work for an agreed upon wage that is less than the minimum wage.

Permits as an exemption to the minimum wage provisions of the Fair Labor Standards Act of 1938 the employment, pursuant to an agreement to work for a wage under the minimum wage for a period not to exceed one year, of a person under age 25 who is unemployed and has never been employed for a continuous period of at least six months.