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Stock impact report

The Case Against Letting Your Uber Driver Organize [Investor's Business Daily]

WPP plc American Depositary Shares (WPP) 
US:NYSE Investor Relations: wpp.com/wpp/investor/financialnews
Commentary These are difficult times for organized labor. New data on Jan. 19 by the Bureau of Labor Statistics show that its share of the private-sector workforce has fallen to 6.5% — the second-lowest point since the creation of federal labor law in 1935. X In response to these declining fortunes, unions have used their political power to enact laws that tilt the playing field in their favor. The most egregious example is an ordinance in the City of Seattle designed to help the International Brotherhood of Teamsters organize independent contractors who work as for-hire drivers (e.g., Uber and Lyft drivers). Labor advocates would like to take the Seattle approach nationwide. It's a bad idea for drivers — and it's legally suspect, too. The Seattle ordinance was the result of direct, consistent and aggressive political lobbying — not by independent for-hire drivers, but by the Teamsters. The ordinance had the clear goal of expanding the group of potential dues-paying union memb Show less Read more
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