33.46 -0.09 (-0.27%)
After hours: 7:45PM EDT
|Bid||33.46 x 1300|
|Ask||33.55 x 3000|
|Day's range||33.40 - 34.81|
|52-week range||13.71 - 41.86|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Earnings date||02 Nov 2020 - 06 Nov 2020|
|Forward dividend & yield||N/A (N/A)|
|1y target est||41.51|
Just as COVID-19 has accelerated the move to remote work, our current crisis has accelerated the trend toward hiring independent contractors. Back in 2019 a New York Times report found that Google had a shadow workforce of 121,000 temporary workers and contractors, overshadowing their 102,000 full-timers. ZipRecruiter reported in 2018 that tech, along with its record employment growth, was showing an increasing share of listings for independent contractors.
The U.S. Department of Labor on Tuesday announced a proposed rule that would change the federal government’s test used to determine whether workers are employees or independent contractors under the Fair Labor Standards Act.
Uber for Business, the business side of the consumer ridesharing service, has typically focused on helping companies track their Uber expenses, but during a pandemic, needs have changed. It's no longer about getting employees to and from the airport or shuttling an important client from the hotel to the office, it's about getting essential personnel to the office safely, and to that end, Uber introduced a couple of new business commuting options today. "Uber for Business is really about how we allow organizations of all shapes and sizes around the world to leverage the great consumer technology that Uber makes available, for business purposes," Ronnie Gurion, global head at Uber for Business told TechCrunch.