"Small Business Threat: Impact of Biden's New Independent Contractor Rule"
TL;DR
The Biden administration's Labor Department has finalized a rule that will make it harder for small businesses to hire independent contractors, which are crucial for their growth and operations. This rule is likely to hurt small businesses and their employees, as well as create confusion and ambiguity. A proposed Congressional Review Act aims to repeal the rule, but a more comprehensive solution is needed to provide clarity and consistency in determining employee and independent contractor status across federal laws.
Topics:businessbusiness-politics#biden-administration#business-politics#independent-contractors#labor-department#regulations#small-businesses
- Labor Dept. Rule Poses Big Risk to Small Businesses, Contractors Daily Signal
- How New Gig Economy Rules Could Clip Workers' Wings InvestorPlace
- NFIB Criticizes DOL's New Independent Contractor Rule Small Business Trends
- Drive for Uber? Biden's new rule is cutting your pay to help unions USA TODAY
- House committee warns DOL new independent contractor rule threatens small businesses Fox Business
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