The unemployment rate is one of the factors economists use to determine the health of the market. When more people are working it historically means that companies are prospering and the economy is getting stronger. Currently, the unemployment rate is down in Los Angeles and Orange County according to a recent news article from the Los Angeles Daily News. While this is generally good news, new issues arise as our economy has largely shifted into what has been termed an on demand economy.
This sounds like a good thing, but there are ways companies can use this newer model to take advantage of employees and not provide them with all of the wages and benefits to which they are rightfully entitled. This is often done through what employment attorneys call employee misclassification. Continue Reading ›