• The economic costs of worker misclassification

    12 days ago - By Economic Policy Institute

    Executive summary
    When employers misclassify workers as “independent contractors” instead of as “employees,” they are exposing those workers to economic costs and depriving them of fundamental labor rights.
    A 2022 EPI analysis of 11 commonly misclassified jobs estimates the cost of independent contractor status to these workers. For example, a typical construction worker, as an independent contractor, would lose out on as much as $16,729 per year in income and job benefits compared with what they would have earned as an employee. A typical home health aide, as an independent contractor...
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