Which act protects wage earners and establishes federal labor standards?

The Fair Labor Standards Act (FLSA) is the legislation that protects wage earners by establishing federal labor standards. It was enacted in 1938 and addresses several key issues, including minimum wage, overtime pay, recordkeeping, and youth employment. The FLSA ensures that workers are compensated fairly for their labor and sets penalties for violations of its provisions, thereby promoting fair working conditions and preventing exploitation.

In contrast, the Family and Medical Leave Act (FMLA) pertains specifically to job-protected leave for employees in certain circumstances, but it does not address wage protections. The Freedom of Information Act (FOIA) allows for the public to request information from federal agencies but is not related to labor standards or wage protections. The term "FOBTC" does not correspond to recognized legislation that impacts wage or labor standards.

Thus, the FLSA focuses directly on the compensation and working conditions of employees, making it the correct choice for protecting wage earners and establishing relevant labor standards.