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Here's how to file for unemployment insurance benefits, whether you're laid off, furloughed, or your hours are severely reduced. Here's how to file for unemployment insurance benefits, whether you're laid off, furloughed, or have had your hours severely reduced. Fill out an application through your state's unemployment websiteYou should apply for unemployment insurance as soon as you're no longer working. Depending on the state, unemployment insurance claims can be filed in person, on the phone, or online. "Start with your state's unemployment insurance benefits site.
The IRS warned people who make over $600 from side hustles should declare earnings to avoid audits. Workers who get paid via apps including Venmo, Paypal, and Cash App should file the tax form 1099-K.Tax expert Lisa Niser told Insider the "worst case" could be penalties for insufficient filings. People who are earning income in addition to their full-time job, as well as gig workers, should file the tax form 1099-K to declare earnings, the IRS said. Tax expert Lisa Niser told Insider that the "worst case" for people who don't declare earnings to the IRS is that "they are audited" and could be subjected to penalties and accrue interest. It added: "You must report on your income tax return all income you receive.
But UPS and FedEx have taken the cue and are integrating flexible workers in their own ways. Gig goes mainstreamWhere smaller players sometimes rely entirely on gig workers, UPS and FedEx are incorporating flexible laborers to complement full-time workers where and when deliveries are less consistent or particularly costly. Despite all that growth, the ecosystem around gig workers — regulation, banking, insurance, and more — is underdeveloped. And though gig workers often covet flexibility, they can easily end up with next to no job security and extremely variable earnings. In response, legislators have tended toward blunt force tactics — potentially eliminating all independent contractors in the name of gig workers.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAnalyst weighs in on how demand for Grab will change after move to expand gig worker protectionRolf Bulk of New Street Research discusses whether demand for Grab's ride-hailing services will change due to possible higher costs, after it announced its support for Singapore's move to expand job protection for gig workers.
Protests by Amazon workers and allies were planned in 30-plus countries on Black Friday. The Make Amazon Pay campaign comes as Amazon faces unionization efforts across the globe. The campaign is led by Make Amazon Pay, a coalition of 70 trade unions and organizations including Greenpeace, Oxfam, and Amazon Workers International. Protests were planned in more than 30 countries, including India, Germany, and Japan, according to Make Amazon Pay. Gig Workers Association (GigWA) in association with Amazon Warehouse workers and Hawkers Joint Action Committee participate in a protest in New Delhi, Friday, Nov. 25, 2022.
SINGAPORE, Nov 24 (Reuters) - Singapore will extend work injury insurance and pension coverage to food delivery and ride-hailing workers under proposed legislative changes that it aims to implement as early as late 2024, the Manpower Ministry said. The new rules will affect about 73,000 workers who deliver food or drive passengers for companies such as Grab (GRAB.O) , Gojek (GOTO.JK), Deliveroo (ROO.L) and Delivery Hero's (DHER.DE) Foodpanda. Workers would gain coverage under the national pension system, which collects contributions from both workers and companies, and receive work injury insurance covering medical expenses, income loss, and lump sum compensation for permanent disability or death. Gig workers would not, however, be considered full-time employees entitled to paid leave and other benefits. Reporting by Chen Lin in Singapore; Editing by Xinghui Kok and Edmund KlamannOur Standards: The Thomson Reuters Trust Principles.
It's taken time for Americans of all ages to return to work, but older Gen Zers are most lagging. It may all have to do with how Gen Z views a job versus a side hustle or gig work. And those answers could partially explain a question economists are puzzled over: Where have the Gen Z workers gone? While he's uncertain where the missing Gen Z workers have gone, he says childcare needs could be part of the answer. If Gen Z has embraced gig work over the corporate life, it could be among the reasons many of them say they're living paycheck to paycheck.
Southeast Asian tech giants Grab and Gojek said they are "supportive" of recommendations made by an advisory committee to expand gig worker protection in Singapore starting in 2024. In Singapore, platform or gig workers, often ride-hailing or food delivery drivers, have thus far been considered self-employed. As a result, they do not receive employer contributions to the Central Provident Fund, the national pension savings scheme. As of 2020, the city-state's Ministry of Manpower estimated that such workers made up about 3% of the resident workforce, or 79,000 people. Under the CPF measure, both platform workers and platform companies such as Grab, Gojek, Foodpanda and Deliveroo will need to make contributions at the same rate as employees and employers.
MEXICO CITY, Nov 23 (Reuters) - Tech giant Uber (UBER.N) and delivery apps DiDi and Rappi have proposed offering social security benefits to workers in Mexico for the first time ahead of a new government bill set to regulate the gig economy. They stopped short of agreeing to classify drivers as employees, however, and few details were given on how payments towards social security costs would be divided. It is also unclear if the bill will seek to make drivers employees, or propose other reforms in line with the apps' statement. Ridesharing and delivery apps worldwide have pushed back against calls to classify workers as employees rather than independent contractors, saying the change would hinder their business models and deny drivers flexibility. Reporting by Isabel Woodford, Editing by Daina Beth Solomon, Cynthia Osterman and Anna DriverOur Standards: The Thomson Reuters Trust Principles.
TORONTO, Nov 11 (Reuters Breakingviews) - Some members of the shared economy are seeing a resurgence in the side hustle as inflation bites. People are becoming more interested in driving for Uber Technologies (UBER.N) and listing their abodes on Airbnb (ABNB.O) in order to make an extra buck. U.S. President Joe Biden last month proposed a new gig worker rule that could fundamentally change how companies classify their workers. But the shared economy seems to be holding up fine, even if the economy isn’t. Uber Technologies on Nov. 1 said revenue grew 72% year-on-year to $8.3 billion in the third quarter.
CNN —California has long been a leader among states, and even countries, in promoting a shift to electric cars, including with its plans to ban the sale of purely gas-powered cars by 2035. Opponents of the ballot initiative claim it’s really just an attempt by one tech company to benefit itself at the expense of other priorities. Opponents of the ballot initiative claim Lyft’s support is self-serving. But a rule like Prop 30, which would make it easier for just about anyone in California to buy an electric car, including Lyft drivers. And electric cars are too expensive for lower income residents to afford, so the financial support is needed, especially with sales of gas cars being banned in the future.
But unbeknownst to this good Samaritan, he was being watched by an Amazon Ring doorbell camera on the front porch, reported The Washington Post. Surveillance proponents will claim this act of violence had nothing to do with Ring and other networked doorbell cameras. Surveillance proponents will claim this act of violence had nothing to do with Ring and other networked doorbell cameras. But we have to face reality: Blanketing our neighborhoods in surveillance devices that promote a culture of suspicion makes all of us less safe. It even went so far as to launch an actual TV show, “Ring Nation,” on Amazon-owned MGM, featuring viral video from Ring cameras and other surveillance devices.
Watch CNBC's full interview with Uber CEO Dara Khosrowshahi
  + stars: | 2022-11-01 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Uber CEO Dara KhosrowshahiUber CEO Dara Khosrowshahi joins CNBC's 'Squawk Box' to break down the company's latest quarterly earnings report and what it means for the health of the U.S. consumer. Khosrowshahi also weighs in on how higher gas prices are affecting the business; Elon Musk's Twitter takeover; efforts to categorize gig workers as employees and more. "If the world were just an Uber world, we'd be celebrating because the business is incredibly strong and the outlook for Uber is strong," Khosrowshahi tells CNBC.
Uber reported a third-quarter loss Tuesday but beat analysts' estimates for revenue and showed a surge in bookings. He said October is tracking to be the company's "best month ever for both Mobility and total company Gross bookings." Here's how Uber's largest business segments performed in the quarter:Mobility (gross bookings): $13.7 billion, short of analysts' estimates of $13.83 billion according to StreetAccount. Delivery (gross bookings): $13.7 billion, short of analysts' estimates of $14.01 billion according to StreetAccount. That trend continued during the third quarter, as Uber's mobility segment reported $3.8 billion in revenue while delivery reported $2.8 billion.
Mike Schenk, chief economist of Credit Union National Association, said in a statement that the "healthy economic growth will not last." CEOs are pessimistic about the future and the hot labor market is coolingCEOs, for one, aren't feeling too good about the economy. "The labor market continues to be hot, even if it's cooled a little bit since the beginning of this year," Bunker told Insider. "Where we're seeing it does signal that it is sectors normalizing, rather than dramatically pulling back postings because they are concerned about short term economic growth." He noted that excess labor demand "gives you a lot of running room here before the labor market actually gets soft."
Freelancing is on the rise, and it shows no signs of slowing. Some 60 million U.S. residents identify as contract, freelance, temporary or gig workers, and by 2027, freelancers are expected to become the majority of the U.S. workforce, according to Upwork, a freelance job platform. The Covid-19 pandemic caused companies to prioritize their digital presence, so the demand for freelance tech experts to help them get up to speed is booming, and the remote gig economy is growing at a rapid pace. Freelancer.com, a global freelancing and crowdsourcing marketplace, looked at 296,000 postings on its platform posted between July and September 2022 to determine which freelance jobs are the most in-demand right now, based on how much they've grown in the last quarter, and are expected to become even more popular in the coming months. Freelancer.com grouped the jobs together by the main skills they use:
New Zealand's employment court ruled that four Uber drivers should be treated as employees. The case was jointly taken by two unions and has been hailed as a victory for the union movement. Uber said it was "disappointed" by the ruling and planned to file an appeal. New Zealand's employment court does not have the right to make broader rulings of employment status beyond the four drivers directly involved in the case. Kiwi drivers consistently tell us that the flexibility that comes with driving with Uber is what they value most."
A new McKinsey survey finds that Gen Zers don't feel secure in their jobs, and can't buy homes. The youngest generation in the workforce is more likely to hold multiple jobs or be gig workers. In the wake of the pandemic, Gen Z disproportionately bore the brunt of job losses. And Gen Zers, whose oldest members are around 25, may have seen key life milestones particularly disrupted by the pandemic. A June survey from Credit Karma found that 29% of Gen Z was living at home, either with parents or other relatives.
Oct 19 (Reuters) - Uber Technologies Inc (UBER.N) has launched a new advertising division as the ride-hailing firm looks to diversify its revenue sources through tie-ups with brands and marketers. With a reach of 122 million monthly active users globally, the company said on Wednesday it will sell ad space inside its ride-hailing and UberEats apps, along with in-vehicle digital ads, sponsored mails and storefront ads. "While consumers are making purchase decisions and waiting for their destination or delivery, we can engage them with messages from brands relevant to their purchase journeys," said Mark Grether, general manager for Uber's advertising division. Uber, which entered the ad business in 2019, has said it aims to reach $1 billion in advertising revenue by 2024. read moreMeanwhile, a U.S. proposal last week that would potentially deter gig workers from being treated as independent contractors is also set to push up costs for companies such as Uber and Lyft. read moreRegister now for FREE unlimited access to Reuters.com RegisterReporting by Savyata Mishra in Bengaluru; Editing by Devika SyamnathOur Standards: The Thomson Reuters Trust Principles.
Kroger is building its own tech infrastructure, including automated warehouses for delivery orders. Here are Kroger's biggest e-commerce and technology initiatives:A ClusterTruck ghost kitchen inside a Kroger in the Midwest. The delivery-focused ghost kitchen touts a Cheesecake Factory-inspired menu of 80 to 100 food items. Over the last few years, ClusterTruck opened locations inside Kroger stores in Indiana and Ohio. Another partnership, this one with the autonomous-car startup Nuro, has stationed self-driving vehicles to deliver grocery orders in certain cities since 2018.
With federal regulators set to tighten Trump-era labor standards that let Uber and Lyft, as well as food-delivery services like Doordash, treat gig workers as independent contractors with few protections under labor law, shares dropped sharply last week. But while a shift, the Department of Labor proposal doesn't immediately transform gig workers into employees entitled to overtime pay, unemployment insurance and other benefits. "It seems like the start of a Game of Thrones battle between the Department of Labor and the gig economy,' Wedbush analyst Dan Ives said. Uber believes the Department of Labor is focused less on ridesharing and more on industries such as construction that also use gig workers, pointing out that the proposed rule doesn't single out rideshare drivers. Uber drivers also supply their own cars and gasoline, though the company in March added a per-trip fuel surcharge that goes directly to drivers.
Souring Economy Gives Tech Freelancers a Lift
  + stars: | 2022-10-12 | by ( Angus Loten | ) www.wsj.com   time to read: +5 min
Like most companies, he said, it enlists freelancers with specific skills across a range of capabilities, including AI and analytics. “The pandemic and, more recently, the turbulence in the economy, spurred demand for greater labor flexibility both among employers and workers,” Mr. Herbert said. Sebastián Siseles, a vice president at Freelancer.com, said freelance work also allows IT job seekers—especially younger workers—to reduce the risk of being dependent on a single employer. By adapting to remote work during the pandemic, employers “opened the window” to hiring more freelancers, Mr. Siseles said. Many tech-enabled companies such as Uber Technologies Inc., Lyft Inc. and DoorDash Inc., which rely heavily on gig workers, have opposed similar efforts in the past.
Biden Goes After Gig Workers
  + stars: | 2022-10-12 | by ( The Editorial Board | ) www.wsj.com   time to read: 1 min
The labor market is cooling while more Americans are using side hustles like driving for Uber to cope with rising prices. Yet now the Biden Administration is declaring war on the so-called gig economy and countless companies that utilize freelancers. The Labor Department on Tuesday proposed a rule that aims to reclassify millions of independent contractors as employees. About 20 million Americans work as independent contractors, which have more autonomy than employees and can set their own hours and work for multiple companies at the same time.
Oct 12 (Reuters) - Business groups will almost certainly file lawsuits in an attempt to delay or derail a rule proposed by the Biden administration on Tuesday that would limit companies' use of independent contractors, experts said. Business groups will lobby for changes to the proposal before it is finalized in the coming months but ultimately will likely have to make their case in court that the rule is invalid, legal experts said. Register now for FREE unlimited access to Reuters.com Register"There's going to be years of litigation over this," said Michael Lotito, a San Francisco-based lawyer who represents employers and business groups. Any lawsuit would likely seek to block the rule from taking effect while challenges make their way through appeals courts, which could take years. Individual businesses, workers and trade groups could also bring narrower legal challenges to the new rule.
Pepsi products are displayed for sale in a Target store on March 8, 2022 in Los Angeles, California. Check out the companies making the biggest moves midday Wednesday:Moderna — Shares of Moderna surged 10% after the drug maker announced it will partner with Merck to jointly develop and sell a cancer vaccine. It reported preliminary month-end assets under management of $1.23 trillion as of Sept. 30. Pepsi also raised its guidance for the year as it was able to successfully raise prices on its products. Lyft — Lyft shares gained 5.8% following an upgrade from Gordon Haskett to buy from hold.
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