Connect with us

Workers

Arkansas unemployment website for self-employed, gig workers to launch soon

Published

on

LITTLE ROCK, Ark. (KNWA/KFTA) — Unemployment for the self-employed and gig workers is almost ready to launch.

Arkansas Secretary of Commerce Mike Preston said the state has been testing the new Pandemic Unemployment Assistance (PUA) website all weekend.

Preston said the state had to build a completely new program and website to handle these types of claims.

He said instructions on how to apply should be released today.

“I just wanted to get up and spend a minute to thank the team who worked so hard through the weekend to troubleshoot all the issues, making sure we are testing it in the proper manner and we have a system built to withstand all these claims that we’re going to see,” Preston said.

The state has previously estimated more than 100,000 people will apply for the PUA program.

Source link

Workers

3 Firms Guide Chinese Gig-Worker Platform’s $33M US IPO

Published

on

By

Law360 (July 10, 2020, 4:25 PM EDT) — Chinese gig-worker platform Quhuo started trading Friday after raising $33 million in an upsized initial public offering steered by Wilson Sonsini, Maples and Calder and Commerce & Finance Law Offices.

Beijing-based Quhuo Ltd. said Friday it priced 3.3 million American depositary shares at $10 apiece, a larger offering than its earlier plan to sell 2.7 million American depositary shares. The ADSs also began trading on the Nasdaq Global Market on Friday, where they opened at $15.31 and are trading under the symbol QH. Each ADS represents one share of Class A common stock.

Quhuo is headquartered in Beijing and registered in…

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Source link

Continue Reading

Workers

UK – Union to proceed with judicial review that could extend health and safety rights to gig workers

Published

on

By

13 July 2020

The UK’s High Court has granted permission to the Independent Workers Union of Great Britain to proceed with a judicial review that could extend health and safety rights to hundreds of thousands of gig economy workers.

The union is arguing that the government failed in its obligation to transpose health and safety directives from EU law into UK law. Whereas UK health and safety law only protects employees, EU law extends these protections, to all those classified as workers.

If successful, the judicial review would force the government to extend health and safety protections to all ‘workers’, including hundreds of thousands in the gig economy, such as Uber drivers and parcel couriers.

This would include a right to personal protective equipment and a right to bring legal action against an employer if a worker suffers a detriment or is dismissed after refusing to work under unsafe conditions.

IWGB President Henry Chango Lopez said,“Gig economy workers have been among those with the highest death rates from Covid-19. This isn’t by accident, but the result of a failure by this and past governments to properly implement health and safety legislation.

“For far too long, the government has turned a blind-eye to the abuses of gig economy employers, allowing them to make up the rules as they go along, while ignoring the safety of their staff,” Lopez continued. “With this case we will start to reclaim some of the basic rights that are being routinely denied to these workers.”

Fiona Coombe, SIA director of legal and regulatory research provided some clarification. “There is a distinction here between workers who are classified as self-employed contractors working for one of the gig economy platforms and agency workers. Agency workers have had health and safety protection through many regulations including the Working Time Regulations and Conduct Regulations and in practice are often given the same level of protection as employees of the hirer. That does not seem to be the case for the workers who are the specific focus of this case.”

Source link

Continue Reading

Workers

 COVID-19 Pandemic Erases Years of Financial Gains in Months, Disproportionately Affecting People of Color, Women, Gig Workers and the Young

Published

on

By

NEWARK, N.J.–()–The first months of the COVID-19 pandemic largely wiped out three years of financial gains in the United States, with more than half of Americans reporting their financial health has been compromised. People of color, women, younger generations and small business owners were among those disproportionately affected, Prudential’s (NYSE:PRU) 2020 Financial Wellness Census™ finds.

“This crisis exposed deep fissures in our public health and economic systems, pervasive racial and social inequity, and how weak our collective immunity is to financial disruption,” said John Kalamarides, president of Prudential Group Insurance. “Tackling these systemic vulnerabilities will require bold thinking and public/private partnerships to help our society overcome financial fragility and prosper through an inclusive recovery.”

Fielded in May 2020, the study shows nearly one-in-five respondents said their household income was cut by half or more in the months following the pandemic’s outbreak, with 17% losing employer contributions to a retirement plan, 14% losing health insurance and 10% losing group life insurance benefits, eliminating critical safety nets.

The negative impact is disproportionately high for certain segments of the population. For example, while 48% of all of those surveyed said they were worried about their financial future, 56% of Black Americans and 56% of Latino Americans said they were worried about their financial futures. And while 17% of all Americans reported being unemployed, that figure was considerably higher for those with household income under $30,000 (34%) versus those with household income of over $100,000 (8%).

Where 17% of respondents said their household income was cut by half or more, that number rose to 31% for gig workers, 25% for LGBTQ Americans and 24% for those employed in the retail industry.

The results are a startling contrast to findings just months earlier, in December 2019, showing Americans were financially on the upswing. More than half (52%) ranked themselves financially healthy by objective measures, up from 46% in Prudential’s first Financial Wellness Census conducted in October 2017.

Additionally, the economic fallout from the pandemic shrunk the portion of respondents who qualified as financially confident to 36% from 40% in 2019, while swelling the number of those who are discouraged to 33% from 31% in 2019. Regardless of household income, the survey revealed nearly half of Americans (48%) are worried about their financial future, up from 38% just a few months earlier.

Asked what changes they would like to see as a result of the COVID-19 pandemic, census respondents cited more affordable health care, more flexible work options and better government programs to support small businesses. Those with lower incomes were most focused on changes that strengthen their finances and social safety nets, citing affordable health care and universal health care coverage, better government support of small businesses and the unemployed, a higher minimum wage and more protections for workers.

The data also show that Americans most often look to the federal government for financial assistance in times of crisis (32%), followed by family and friends (28%), then state and local governments (27% and 17%, respectively).

Employers also play a critical role when it comes to financial health. The workplace benefits Americans most value include retirement savings opportunities, paid time off, and comprehensive health care and prescription drug coverage, according to the census.

Read the full report for more information.

About Prudential Financial

Prudential Financial, Inc. (NYSE:PRU), a financial wellness leader and premier active global investment manager with more than $1 trillion in assets under management as of March 31, 2020, has operations in the United States, Asia, Europe, and Latin America. Prudential’s diverse and talented employees help to make lives better by creating financial opportunity for more people. Prudential’s iconic Rock symbol has stood for strength, stability, expertise and innovation for more than a century. For more information, please visit news.prudential.com.

1037957-00002-00

Source link

Continue Reading

Trending

Copyright © 2019 Gigger.news.