With the presidential election just around the corner, freelancers are starting to grow concerns about what the results may mean for their business. The big question is, will a Biden presidency put freelancers out of work?
Many individuals dependent on freelance gigs are wondering what former Vice President and Democratic candidate Joe Biden’s public support for AB 5 means for the future of their businesses.
AB 5 is a union-backed California law aimed at preventing the misclassification of rideshare drivers by giving them the status and protections of full-time employees. The California Legislature modified the law several times after taking effect on Jan. 1, 2020. This was in part due to the fact that AB 5 was putting many other types of freelancers out of work.
Biden supports a federal law similar to California’s AB 5
Freelancers are concerned because Biden is a strong supporter of unions and he wants a federal law similar to AB 5 that could place steep restrictions on who can be a freelancer.