Justin Sullivan/Getty Unemployment numbers may not fully account for gig economy workers, who may self-report as being "employed" despite not being on payroll, according to a new report from the Federal Reserve Bank of Dallas. Gig workers do not have the bargaining power of payroll employees, so they may also account for slowing wage growth. Uber and Lyft drivers make up much of the country's gig workforce, and they've long complained of the low pay and lack of benefits independent contractors deal with. Visit BusinessInsider.com for more stories. While unemployment may be at record lows, the growing number of gig workers who aren't on payroll may be skewing the data, according to a new report.
Similar Stories to Gig-economy Workers Like Uber And Lyft Drivers May Be Skewing Low Unemployment Numbers on Bing News
feedback@businessinsider.com (Allana Akhtar), Business Insider
Fri, 04/19/2019 - 3:34pm
BING NEWS:
- Uber And Lyft Drivers' Future Hangs In Balance As Massachusetts Supreme Court Deliberates
By categorizing drivers as independent contractors, Uber and Lyft have reportedly dodged paying over $266.4 million into workers’ compensation, unemployment insurance, and paid family medical leave in ...
05/3/2024 - 3:35 am | View Link - State auditor says Uber, Lyft drivers could be missing hundreds of millions in ‘lost payments’
The state auditor's report comes as ride-share driver debate escalates. Uber and Lyft want drivers to remain as independent contractors, while some drivers are fighting for the right to unionize. The ...
05/2/2024 - 3:12 pm | View Link - As showdown with Uber and Lyft draws near, labor groups are split on their aims
The big fight over gig drivers’ rights in Massachusetts revolves around employment status, but another battle is also being waged over allowing these drivers to form a union regardless of how they’re ...
04/28/2024 - 10:52 pm | View Link - New EU law means gig economy workers must get better working conditions
Uber, Bolt, Deliveroo and other gig economy companies must offer better working conditions under a new EU law approved on Wednesday. The Platform Workers Directive introduces a "presumption of an ...
04/24/2024 - 5:45 am | View Link - Why Is Uber Über Alles? Public Platform Infrastructure for the ‘Gig Economy’
All that Uber and Lyft are ‘efficient’ at now that a city would not be is gratuitously extracting high fees from riders and profits from drivers ... companies use gig workers extensively.
01/15/2023 - 8:37 am | View Link - More
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