Labor proposal could upend rules for gig workers, companies

The new U.S. Department of Labor regulations would replace a Trump-era rule that lowered the bar for classifying employees as contractors, workers who are not covered by federal minimum wage laws and are not entitled to benefits including health insurance and paid sick days.

The Labor Department argued that the Trump administration rule did not comport with the 1938 Fair Labor Standards Act and decades of case law applying it. Wedbush analyst Dan Ives said the proposal would constitute a major change for workers and employers from previous years. “Today’s proposed rule takes a measured approach, essentially returning us to the Obama era, during which our industry grew exponentially” CR Wooters, head of federal affairs at Uber, said in a statement.

Both companies had applauded the Trump administration rule, arguing that the Depression-era Fair Labor Standards Act law was outdated and did not provide the flexibility demanded by the digital era.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Small business group files suit over Biden student loan planA small-business advocacy group has filed a new lawsuit seeking to block the Biden administration's efforts to forgive student loan debt for tens of millions of Americans. Wonder if they raised the same ruckus during the bailouts of the banks that caused our enlomo y to tank? Or when the tax cuts added trillions to the deficit? Or do they only complain when the help is for ordinary people?!? Good. We need to prevent the president, regardless of political party, from excessive overuse of EO’s to get their way when congress doesn’t give them what they want. The system was built with checks and balance in mind and this just circumvents the process. Trump wanted a border wall & Dems were quick to point out 'Congress controls the purse strings'. Trump got some $ from the military's budget. Biden can't pull half a trillion out of the thin air. He needs Congress approval and will lose the lawsuit. It's the Constitution silly.
Source: wjxt4 - 🏆 246. / 63 Read more »