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LABOR PROPOSAL COULD UPEND RULES FOR GIG WORKERS, COMPANIES

The Biden administration proposed new standards that could make it more difficult to classify millions of workers as independent contractors and deny them minimum wage and benefits.

The U.S. Department of Labor rule, which could take months to take effect, would replace a scrapped Trump-era standard that had lowered the bar for classifying employees as contractors, workers who are not covered by federal minimum wage laws and are not entitled to benefits including health insurance and paid sick days.

The reaction in markets for

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