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Biden set to  ‘unveil contractor rule set to upend gig economy,’ Reuters says
The Fly

Biden set to ‘unveil contractor rule set to upend gig economy,’ Reuters says

The White House is set to update a final rule that makes it “more difficult for companies to treat workers as” Gig economy workers or independent contractors, instead of regular workers as early as this week, writes Daniel Wiessner and David Shepardson for Reuters. The Labor Depatment rule, first proposed in 2022 “is likely to face legal challenges, added the Reuters story…The fly notes that Gig economy stocks include Uber (UBER), DoorDash (DASH,) Lyft (LYFT), Upwork (UPWK) and Airbnb(ABNB).

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