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'Gig work' rule is in Biden administration's crosshairs, sending DoorDash and Lyft stocks to all-time lows

Por: MarketWatch Business October 11, 2022

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“While independent contractors have an important role in our economy, we have seen in many cases that employers misclassify their employees as independent contractors, particularly among our nation’s most vulnerable workers,” Secretary of Labor Marty Walsh said in a statement. In-depth: Shares of Uber , Lyft and DoorDash fell sharply Tuesday, with Uber and Lyft shares ending the day with declines of more than 10% and 12%, respectively.... + full article



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