Priorities Spotlight - Restricting Independent Contracting Will Slow Economic Growth In California, Add Unemployment, Study Finds
If government agencies restrict independent contracting in California the results will slow economic growth and add to the state’s unemployment rate, according to a new analysis by economic policy expert and former California chief economist, Philip J. Romero.
The analysis shows that opposition to independent contracting is misguided and not supported by available evidence. Romero’s analysis also points out that many of the arguments frequently leveled against independent contracting – in California, other states and at the federal level – are based on myth and not credible data.
Romero, a longtime economic advisor, think tank expert and current professor of business administration at the University of Oregon’s Lundquist College, will present his findings on March 27 a NFIB headquarters in Sacramento.