Welcome to the 1st edition of The Pointer newsletter for 2024. The Biden Department of Labor finalized its terrible rule on independent contractors that will undoubtedly nationalize California’s hardship. New research quantifies the impact of Californa’s AB5 on employment statewide. Plus, below is a preview of our exciting upcoming report.
Check out the latest tech, labor, and economic analysis below from IWF’s Center for Economic Opportunity.
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Working women in America have more opportunities to craft the careers and lives they want, but government challenges have intensified. One-size-fits-all solutions to the challenges women face may be well-intentioned and may even help some people, but backfire for many more by making our workplaces less flexible and discouraging job creation. Onerous government regulations and mandates put enterprises out of business. Most concerning, policymakers erect barriers to opportunity that erode choices for women in how to work.
The third edition of the Working for Women report details specific policy proposals that will help advance women’s prospects by encouraging reforms that return resources and control to individuals so that women can make choices that best suit themselves and their families.
Here are a few topics:
- Protecting Independent Contracting
- Reducing Regulatory Burden on Small Businesses
- Eschewing ESG Investing and Workplace Quotas
- Protecting Arbitration
- Encourage Personal Savings Accounts for Retirement
- Expanding Affordable Child Care Options
- Tax Universities
- Reforming the 1099-K Reporting Requirement and Child Tax Credit
- Paid Leave and Earned leave
Check your inbox next week for your copy or visit iwf.org/ceo.
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 WHAT'S THE POINT
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New Research Quantifies Harms to Independent Contractors of California’s AB5
Despite AB5 proponents’ claims that the law would increase full-time employment and offer benefits and protections, the researchers found “robust evidence that AB5 is significantly associated with a decline in self-employment and a decline in overall employment.”
Elon Musk Challenges Unconstitutional Bullies at National Labor Relations Board
The NLRB has been harassing Musk’s SpaceX, and now the company has counterpunched, filing a lawsuit questioning the constitutionality of how the NLRB is structured.
ICYMI: Inflation Acceleration Erodes Confidence in Bidenomics
“President Biden’s economic plan is not working. Massive federal spending, increased regulations and energy restrictions are the reasons that prices took off in 2021 and still remain high today.”
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Daily Caller | Karen Anderson: Joe Biden and Gavin Newsom Go to War With Freelancers for Their Big Labor Buddies
The ongoing destruction of the independent workforce in California is still unfolding in real-time, thanks to the disastrous AB5 law enacted in 2020, a law so restrictive that it has put hundreds of thousands of Californians out of business across a vast swath of professions.
Proponents of these onerous labor laws have seized on a new tactic to hijack the “flexibility” argument from those of us who advocate for self-employment. They assume that flexibility is our sole reason for desiring freelance careers—whether it’s a single mom needing to stay at home with the kids, or a person with a chronic illness unable to participate in the traditional workplace, to name a few. [Keep reading]
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ON OUR RADAR
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FINAL THOUGHT
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“The Biden Administration’s radical new Labor regulation is an attack on the very foundation of the American Dream.
“It is part of a concerted effort to limit or eliminate the gig economy, freelancing, independent contracting, self-employment, and alternate work arrangements... Make no mistake: the livelihoods of millions of Americans are at risk. We know that because we’ve already seen the consequences of this policy in California. ”
– U.S. Rep. Kevin Kiley (R-CA) in an op-ed “The American Dream in danger” for The Union
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Yours in the fight,
Patrice
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