Quantcast

Shiawassee Times

Tuesday, November 5, 2024

A new rule from the U.S. Department of Labor protects independent contractors in Michigan

Smallbiz4

Indepedent contractors contribute to what has come to be known as the "gig economy." | Unsplash

Indepedent contractors contribute to what has come to be known as the "gig economy." | Unsplash

A new rule under the Fair Labor Standards Act has been released by the U.S. Department of Labor, clarifying whether a worker is considered an employee or an independent contractor.

The rule, which received support from independent workers, determines whether a person is an employee or independent contractor based on their own control over potential profit and loss, according to the Mackinac Center for Public Policy

"This is a positive move to help safeguard protections for employees while preserving the independence of those working for themselves," said F. Vincent Vernuccio, a senior fellow at the Mackinac Center for Public Policy, according to a Mackinac Center statement. "California's experience with AB (Assembly Bill) 5 demonstrates the disastrous impact that restricting independent work has on people’s businesses and livelihoods. Direct attacks on independent contractors and the gig economy as a whole are growing. This rule will protect the firmly rooted American tradition of being your own boss."

ORGANIZATIONS IN THIS STORY

!RECEIVE ALERTS

The next time we write about any of these orgs, we’ll email you a link to the story. You may edit your settings or unsubscribe at any time.
Sign-up

DONATE

Help support the Metric Media Foundation's mission to restore community based news.
Donate

MORE NEWS