Food banks call for more discussion of poverty issues on campaign trail Food banks call for more discussion of poverty issues on campaign trail People who run food banks in the province say more emphasis needs to be placed on issues surrounding poverty in the New Brunswick election campaign. Sep 17, 9: September 18 Some of the people who run food banks across the province say more attention should be paid to poverty issues during the provincial election.
And many of the online apps and platforms that offer the goods and services these workers provide would like to keep it that way. That frees these companies from having to offer benefits, pay a host of taxes and abide by certain labor laws. Leading the charge is New York-based Handy, an online platform that connects users with home service providers ranging from plumbers to house cleaners.
The company has put bills in front of eight state legislatures this year that would permanently classify most gig workers as independent contractors. All eight bills have passed at least the house or senate in each state and appear likely to be signed into law soon. Defining gig workers as independent contractors will give platform companies the certainty that their business model will hold up to legal scrutiny, Handy argues.
Over the years, many platform companies — including Handy — have been sued for allegedly misclassifying workers as independent contractors. The legal outcomes have been mixed, with many cases settling before a verdict was reached, or awaiting a Supreme Court decision on whether the arbitration agreements most workers signed can be enforced.
The state laws would prevent such lawsuits in the future by wiping away many of the criteria that usually establish an employer-employee relationship. But labor advocates worry the laws will erode the benefits and protections to which workers should be entitled. Uber should be regulated like a taxi company Currently, the distinction between a contractor and an employee hinges on the idea of control.
Telling a worker when and how to perform a job, providing training or supplies, monitoring their activity and determining the rate of pay are all factors that would support a finding that the worker is an employee.
The laws Handy is trying to get passed by the states would enable employers to do many of those things without having to call the worker an employee. That frees them from having to pay workers' compensation premiums and unemployment taxes or obeying state anti-discrimination and minimum wage laws.
They'll likely be off the hook for federal labor standards and Medicare and Social Security taxes as well, since federal enforcement is sparse.
Handy's bills would apply to any kind of marketplace contractor, with a few exceptions carved out in certain states. Derek Christian, the Cincinnati-based co-owner of a maid service and a handyman service, said the bills will lead existing employers to convert to a lower-cost independent contractor model in order to compete.
That can be a raw deal for workers, who might be drawn in by a slightly higher hourly rate but then realize they will have to cover their equipment, transportation, insurance and self-employment taxes, he said.
But further down in the service contractit lists the fees it charges if the service provider cancels on short notice or doesn't show up. Court says Uber must give its U. Handy pushed a bill in New York that would have allowed platforms to contribute 2. Unions and worker advocacy groups opposed the measure, saying it gave away too many rights and protections for workers.
Similar "portable benefits" bills are currently under consideration in Washington and New Jersey, but Handy decided to move on to friendlier territory: To try to change the law in a way that you think works for your platform, or to make sure your platform fits into the existing law?
Palak Shah, the organization's director of social innovations, recently went to Tennessee to caution lawmakers that the bill would permanently carve many workers out of rights to which they would be entitled as employees.
The federal government likely won't stand in the way of Handy's march through the states. Under the Obama administration, the Department of Labor pursued dozens of cases against companies that misclassified their employees as independent contractors, and issued extensive guidance outlining the distinction between the two.
Trump's pick for Labor Secretary, Alex Acosta, withdrew that guidance. And at a recent Chamber of Commerce event marketing the launch of a "new economy working group," Acosta celebrated platform companies for creating a new class of independent "entrepreneurs," and said the laws should change with the times.Oct 22, · The response suggests that investors view China’s efforts at shoring up its slowing economy and faltering stocks, which recently entered a bear market, more like were key factors .
The most important factor that will determine Khan’s engagement with the Middle East might not be political but economic. Pakistan’s economy is in a dire state and Asad Umer, who is tipped to be the next Finance Minister, has suggested the country needs a bailout package of more than $12 billion.
Political economy: Political economy, branch of social science that studies the relationships between individuals and society and between markets and the state, using a diverse set of tools and methods drawn largely from economics, political science, and sociology.
The economic growth of a country may get hampered due to a number of factors, such as trade deficit and alterations in expenditures by governmental bodies. Generally, the economic growth of a country is adversely affected when there is a sharp rise in the prices of goods and services.
Analysis of Non-Interest Income of Commercial Banks in Ghana Basil Senyo DAMANKAH1 discusses some factors common with banks that engage in non-interest earning activities followed by a discussion of the variables and the methodology in section 3. The findings are. Thank you, Deputy Governor Chen, for the opportunity to speak at this inaugural People’s Bank of China and Federal Reserve Bank of New York Joint Symposium.
It is a wonderful occasion for our two central banks to meet and share ideas on important global macroeconomic and monetary policy issues.