Americans are relying on job side hustles to make ends meet as the job market is ‘ostensibly good’, according to Bankrate.com senior analyst Ted Rossman. FOX Business Gerri Willis with more.
Uber, Lyft and DoorDash – companies that rely heavily on gig workers – reacted Tuesday to the Biden administration's proposed rule about classifying workers as regular employees versus independent contractors.
The Department of Labor announced Tuesday it would be publishing a proposed rule this week that would change the government's guidance on how workers are classified as either employees or gig workers. The department said the rule is meant to help prevent the misclassification of employees in industries such as home care, construction, delivery and restaurants.
FTC PROMISES CRACKDOWN ON COMPANIES TAKING ADVANTAGE OF GIG WORKERS
"The Department of Labor listened to drivers, who consistently and overwhelmingly state that they prefer the unique flexibility that comes with being an independent contractor," CR Wooters, head of federal affairs at Uber, told FOX Business. "Today's proposed rule takes a measured approach, essentially returning us to the Obama era, during which our industry grew exponentially."