US Labor Department could DESTROY Uber and Doordash ⚠️ #shorts

The Biden Labor Department unveiled a proposal that might allow gig workers to be reclassified as employees rather than independent contractors.

The proposed rule drove down the share prices of gig economy companies such as DoorDash, Lyft, and Uber.

It comes after a judge reinstated a Trump-era rule that would have made it easier to designate gig workers as independent contractors, which Biden's Labor Department attempted to stop.

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#uber #lyft #gigeconomy

Source:
https://www.cnbc.com/2022/10/11/uber-doordash-plunge-as-labor-dept-proposes-gig-worker-change.html

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