Uber, Lyft would owe California $413 million in unemployment funds if drivers were considered employees: report

Uber, Lyft would owe California $413 million in unemployment funds if drivers were considered employees: report

4 years ago
Anonymous $-9GJQVHNr8

https://www.siliconvalley.com/2020/05/11/uber-lyft-would-owe-california-413-million-in-unemployment-funds-if-drivers-were-considered-employees-report/

As drivers for Uber and Lyft are set to receive jobless benefits because the coronavirus pandemic has thrown so many out of work, a new UC Berkeley report says the two companies would owe California $413 million in unemployment insurance contributions if they had treated drivers as employees rather than contractors.

With workers in the so-called “gig economy” which includes ride-hailing drivers approved to receive federal Pandemic Unemployment Insurance benefits, taxpayers across the country will be covering the cost.

Uber, Lyft would owe California $413 million in unemployment funds if drivers were considered employees: report

May 11, 2020, 11:24pm UTC
https://www.siliconvalley.com/2020/05/11/uber-lyft-would-owe-california-413-million-in-unemployment-funds-if-drivers-were-considered-employees-report/ > As drivers for Uber and Lyft are set to receive jobless benefits because the coronavirus pandemic has thrown so many out of work, a new UC Berkeley report says the two companies would owe California $413 million in unemployment insurance contributions if they had treated drivers as employees rather than contractors. > With workers in the so-called “gig economy” which includes ride-hailing drivers approved to receive federal Pandemic Unemployment Insurance benefits, taxpayers across the country will be covering the cost.