01/25/2024
"In the wake of a new law (Assembly Bill 5) that was intended to reclassify many independent contractors as regular employees, self-employment in California fell by 10.5 percent and overall employment tumbled by 4.4 percent"...think we're going to be hearing the words "budget" & "bankruptcy" a lot in 2024. Hang on!
Self-employment in California fell by 10.5 percent and overall employment tumbled by 4.4 percent after A.B. 5's implementation.