PROTECTING SMALL BUSINESS, PROMOTING ENTREPRENEURSHIP

DOL’s Proposed Independent Contractor Rule Throws Cold Water on U.S. Entrepreneurship and Flexibility 

By at 11 October, 2022, 2:05 pm

NEWS

For Immediate Release

Washington., D.C – Today, the United States Department of Labor (DOL) announced a proposed rule that will make it more costly, complex and difficult for individuals to enjoy flexibility and economic opportunity through independent contractor work. Small Business & Entrepreneurship Council (SBE Council) president & CEO Karen Kerrigan issued the following statement on the proposed rule:

“The DOL is out-of-touch with the modern economy and how people want to work, as evident by its proposed independent contractor rule. More people are starting businesses because they have access to modern tools and platforms that make it simple and affordable. Overwhelmingly, they want to be to their own boss and want control over their own time.  The proposed DOL rule is a massive step backwards, as it resurrects an outdated approach that works against flexibility and regulatory certainty.  The proposed rule will create uncertainty, higher costs and complexity, and snuff out countless innovative ideas and entrepreneurial dreams in their infancy. Moreover, an independent contractor’s cherished flexibility could be taken away. These are all outcomes that will exacerbate the weakening economy and harm America’s small business ecosystem. SBE Council looks forward to engaging entrepreneurs and self-employed contractors on this harmful rule – as well as our friends in the U.S. Congress – to make sure flexibility and economic opportunity through small business ownership are preserved.”

CONTACT:

Karen Kerrigankkerrigan@sbecouncil.org

SBE Council is nonpartisan advocacy, research and education organization dedicated to protecting small business and promoting entrepreneurship. For 28 years, SBE Council has worked on and advanced a range of private sector and public policy initiatives to strengthen the ecosystem for strong startup activity and small business growth. Visit www.sbecouncil.org for additional information. Twitter: @SBECouncil

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