Reuters reveals U.S. Labor Secretary’s support for classifying gig workers as employees

1 year ago 348

Business & FinancePolitics

29 April 2021, 8:37 pm. 1 minute

President Joe Biden’s apical labour official, Labor Secretary Marty Walsh, told Reuters successful an interview that helium supported classifying a batch of gig workers successful the United States arsenic “employees”, suggesting for the archetypal clip a imaginable argumentation displacement that could rise costs for companies that beryllium connected contractors specified arsenic Uber and Lyft. “We are looking astatine it but successful a batch of cases gig workers should beryllium classified arsenic employees… successful immoderate cases they are treated respectfully and successful immoderate cases they are not and I deliberation it has to beryllium accordant crossed the board,” Walsh said.

Market Impact

Shares of Uber and Lyft fell arsenic overmuch arsenic 8% and 12% respectively aft the news.

Article Tags

Topics of Interest: Business & FinancePolitics

Type: Reuters Best

Sectors: Business & FinanceEconomy & PolicyEquities

Regions: North America

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Significant National Story

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