Posts tagged collective bargaining negotiations

    Economic Costs of the PRO Act: Update

    March 8, 2023 // The PRO Act would reclassify independent contractors, broaden the joint employer standard, repeal right-to-work laws, and eliminate employers’ ability to replace striking workers. While the intent of the bill is to increase worker protections, many of the provisions ignore stated worker preferences and have the potential to harm the labor market through increased costs that small businesses, franchisees, and entrepreneurs likely cannot afford. This paper estimates that the bill could increase employment costs by anywhere from $18–$61 billion and put up to $2.3 trillion of gross domestic product at risk