Applications to form businesses in the U.S. surged unexpectedly in the third quarter, signaling the labor market may recover more quickly from the coronavirus financial crisis than during previous recessions.
If you’re passionate about mobility and transportation tech and hungry to learn from the visionaries, makers and investors who are building the future today, don’t miss out on TC Sessions: Mobility 2020 on October 6-7. TC Sessions: Mobility 2020 offers two days packed with 1:1 interviews and panel discussions with the people at the top of game — the leaders, movers and shakers who continue to push beyond what seems possible. You won’t just hear from them, you’ll engage with them during a series of Q&A breakout sessions.
Under the ordinance, effective January, the drivers will now earn at least $16.39 per hour - the minimum wage in Seattle for companies with more than 500 employees. Seattle's law, modeled after a similar regulation in New York City, aims to reduce the amount of time drivers spend "cruising" without a passenger by paying drivers more during those times. City officials argue this should prevent Uber and Lyft from oversaturating the market at drivers' expense, but the companies say it would effectively force them to block some drivers access to the app.