Postmates adds childcare stipend for struggling delivery workers
Workers who make at least 60 deliveries a week can apply for the family care stipend, according to a Postmates spokeswoman.
Workers who make at least 60 deliveries a week can apply for the family care stipend, according to a Postmates spokeswoman.
The juggling act for policy makers will be to reopen without triggering a second wave of infections that leads to a fresh round of lockdowns and yet more economic damage.
The jobless rate jumped to 4.4% — the highest since 2017 — from a half-century low of 3.5%, and is expected to surge above 10% in the coming months.
Women hold many of the jobs considered vital during this national emergency, meaning they’re being asked to stay on the front lines longer, risking their health and safety.
Postmates and other platform companies like Uber and Lyft have long claimed their workers are self-employed entrepreneurs rather than employees entitled to minimum wage, overtime, unemployment and other protections.
“This morning’s data leaves no doubt that the economy is currently in a recession,” said Matthew Luzzetti, chief U.S. economist at Deutsche Bank.
Locales with high concentrations of jobs in industries such as retail and health care could see as much as a 4% decline in their annual growth rate if the shutdowns last just a month.
The bank is grappling with risks from the Hong Kong protests and China’s coronavirus outbreak, among other financial strains.
Companies relying on gig workers feel the ruling is "a threat to [employees'] flexibility and income."
Jobless claims are at the lowest rate since the end of September.
The law is set to go into effect this week and would ensure employment protections for contract workers.
Companies may be less likely to let employees go with more job openings and increased difficulty attracting talent.
More than 50 lenders will cut nearly 78,000 jobs in response to a slow economy.
Healthcare costs and AI-determined salaries will be top considerations in the workplace in 2020.
Alternative work arrangements are seen as a bellwether for the gig economy as more Americans juggle jobs to make ends meet, a new study shows.
The “pure joy” of being your own boss is one advantage of working in the gig economy. Finding good benefits is another story.
The ever-changing employment contract increasingly values flexible hours, convenience and purpose. So how can benefits and perks help employers win the new talent war?
The announcement comes as more technology companies move to create tools for freelance workers.
A sweeping new law could force companies like Uber to reclassify their workers as employees.
The move comes as employers debate how to bring insurance to 10.6 million contract workers.