Income

Safety on the line: Drivers who juggle multiple jobs are more likely to take risks on the road

Retrieved on: 
星期日, 十月 1, 2023

Taxi drivers and ride-hail drivers, who drive for apps like Uber and Lyft, face many safety risks on the road, from accidents and injuries to harassment and violence.

Key Points: 
  • Taxi drivers and ride-hail drivers, who drive for apps like Uber and Lyft, face many safety risks on the road, from accidents and injuries to harassment and violence.
  • In fact, 83 per cent of ride-hail drivers from around the world feel their work is unsafe.
  • As a result, 22 per cent of American drivers carry weapons in their vehicles to protect themselves.

Multiple job holders

    • Most Canadians hold multiple jobs because they don’t make enough money to cover their expenses with one job alone.
    • Some drivers even work for taxi and ride-hail companies while holding another job.
    • Multi-job holders deal with sleep deprivation, stress and reduced performance.

Why do these drivers take more risks?

    • As a result, these drivers are more likely to take risks to complete fares quickly and earn more money.
    • Drivers often make at or below minimum wage and are paid per fare completed, rather than per hour.
    • Second, multi-job professional drivers are more likely to work evening shifts and at odd hours due to their complicated schedules.

Reducing risk to drivers and the public

    • Addressing the challenges faced by drivers and mitigating safety risks for both drivers and the public involves several key considerations.
    • Drivers have reported that they waste half of their shifts waiting for fares; this is time spent not making any money.
    • In cases when passengers have assaulted drivers, drivers are often only told they will not be matched up with that passenger again.
    • While Uber and Lyft now offer drivers access to phone support, drivers have reported that support representatives rely on the same automated responses.

More support needed

    • While ride-hail apps have put some safety measures into effect to support drivers, more help is needed.
    • Lyft has implemented a mandatory break rule, whereby after using the app for 12 hours, drivers are not able to go online for six hours.
    • The Uber app also reminds drivers to stay within the posted speed limit and to take breaks.

The fight for 2% − how residuals became a sticking point for striking actors

Retrieved on: 
星期五, 九月 29, 2023

And some of the gains actors made through prior labor struggles – particularly through residuals, which are a small percentage of shared earnings from film or television – have vanished.

Key Points: 
  • And some of the gains actors made through prior labor struggles – particularly through residuals, which are a small percentage of shared earnings from film or television – have vanished.
  • Though the Writers Guild of America ended its strike on Sept. 27, 2023, actors represented by SAG-AFTRA remain on strike.
  • Residuals are one of their main sticking points: They want to receive 2% of revenue generated by shows they appear in on streaming platforms.

The pandemic revealed a glimpse of the future

    • The extent to which streaming changed the entertainment landscape came into focus during the COVID-19 pandemic.
    • For the made-to-be-blockbuster “Black Widow,” Disney decided to release the film simultaneously in theaters and on its propriety streaming service, Disney+, for US$30.
    • At $30, the price to stream “Black Widow” on television was equivalent to roughly three theater tickets.

A struggle for dignity

    • The Hollywood studio system of the 1930s and 1940s was an era of vertical integration in the film industry.
    • The “Big Five” major studios – Metro-Goldwyn-Mayer, Warner Bros., Paramount, 20th Century Fox and RKO – employed directors, writers, actors and camera operators.
    • This created an efficient system that allowed for assembly-linelike production of films, not unlike Ford automotive factories.
    • Actors – just like everyone else employed by the studios – received a salary for the length of their contracts.

Getting a slice of streaming revenue

    • Examples include foreign box office revenue, DVD sales, syndicated television shows and theater releases that appear on television.
    • In the streaming era, all new shows produced by streaming platforms are concurrently reruns and original runs.
    • Actors want 2% of streaming revenue generated by the show or film to replace this line of income.
    • Data on earnings tied to streams aren’t as clear as ticket sales or advertising revenue, and streaming platforms tend to keep this information in-house.

Closing the loophole

    • In this sense, it harks back to the old studio system of the 1930s and 1940s.
    • For this reason, there is no benefit for studios and platforms to offer actors revenue for every stream, because technically there is no secondary market.
    • This is the loophole striking actors are looking to close.

FTC Acts to Stop Online Business Coaching Scheme Lurn From Deceiving Consumers About Money-Making Potential

Retrieved on: 
星期四, 九月 28, 2023

The Federal Trade Commission is taking action to stop Lurn, a Maryland-based online business coaching seller, from making unfounded claims that consumers can make significant income by starting an array of online businesses.

Key Points: 
  • The Federal Trade Commission is taking action to stop Lurn, a Maryland-based online business coaching seller, from making unfounded claims that consumers can make significant income by starting an array of online businesses.
  • The FTC alleges that defendants’ marketing claims violated the FTC Act and the agency’s Telemarketing Sales Rule.
  • According to the complaint, thousands of consumers purchased tens of millions of dollars in programs from Lurn.
  • The proposed settlement orders, which were agreed to by the defendants in the case, contain several requirements, including:


In addition, the orders against Lurn and Singal include provisions requiring them to:

  • If they are found to have lied to the FTC about their financial status, the full judgment would be immediately payable.
  • The Commission vote authorizing the staff to file the complaint and stipulated final order was 3-0.
  • The FTC filed the complaint and final order in the U.S. District Court for the District of Maryland.

Canadian media is far too reliant on U.S. tech. Here's what the government can do about it

Retrieved on: 
星期三, 九月 27, 2023

Meta’s blocking of Canadian news on its social media sites, Facebook and Instagram, poses serious problems for Canadian media.

Key Points: 
  • Meta’s blocking of Canadian news on its social media sites, Facebook and Instagram, poses serious problems for Canadian media.
  • Outlets that rely on social media to reach their target audiences will likely struggle to get by.
  • Add this conundrum to the over-reliance on American telecommunications services, and the need to rethink funding Canadian communication is urgent.

Trickle-down funding just doesn’t work

    • Some outlets will no doubt suffer as a result of U.S. tech companies blocking Canadian news.
    • Yet, Canadian authorities are sticking to a funding model that relies on dwindling cable TV subscribers.
    • Funding from commercial Canadian cable companies trickles down to fund the alert system.
    • This fall could put funding for the emergency alert system in jeopardy.

Two lessons for Canadians

    • In order to fix these problems, Canadians must bear in mind two lessons about how not to construct communication systems.
    • Lesson one: Do not rely on American media and communication infrastructure to protect the interests of Canadians.
    • Ensuring safety and services to Canadians is not the priority.
    • Lesson two: Do not rely on ever-changing elected leaders or ever-changing commercial communication services to provide stable support for media that serves the needs of all Canadians.
    • Statistics Canada reports that Canadians are not prepared for the next pandemic, flood or wildfire.

An independent an well-funded media

    • Canadian media and telecommunications services must not be dependent on either U.S. or Canadian commercial interests or Canadian politicians.
    • Canadian public service media should be required to provide services beyond the broadcasting technology of the 20th century.
    • The old promises of the CBC have not been met, and warnings about reforming Canadian media have been largely ignored.
    • The damage to Canadian media caused by social media extortion and the loss of cable TV revenue makes it clear that the time for piecemeal reform has passed.

Forcing people to repay welfare ‘loans’ traps them in a poverty cycle – where is the policy debate about that?

Retrieved on: 
星期三, 九月 27, 2023

Less talked about has been the party’s promise to index benefits to inflation to keep pace with the cost of living.

Key Points: 
  • Less talked about has been the party’s promise to index benefits to inflation to keep pace with the cost of living.
  • In any case, this alone it is unlikely to break the cycle of poverty many find themselves in.
  • With rising costs, the situation is only getting worse for many of the 351,756 New Zealanders accessing one of the main benefits.

Our whittled down welfare state

    • The main benefits (such as jobseeker, sole parent and supported living payment) pay a fixed weekly amount.
    • The jobseeker benefit rate is set at NZ$337.74 and sole parents receive $472.79 a week.
    • The third level of support is one-off discretionary payments for specific essential needs.

Benefits have been too low for too long

    • But Ruth Richardson’s “mother of all budgets” in 1991 slashed benefits.
    • Rates never recovered and today’s benefits are not enough to live on.
    • The main benefits plus supplementary allowances did not meet the cost of the bare essentials, let alone minimal participation.

How ‘advances’ create debt traps

    • But in practice, Work and Income virtually never makes this type of grant for anything except food and some other specific items, such as some health travel costs or emergency dental treatment.
    • First, people on benefits are racking up thousands of dollars worth of debts to cover their essential needs.
    • And the Social Security Act 2018 doesn’t allow the Ministry of Social Development (MSD) to waive debts.

Contradictory policies

    • MSD policy says repayments should not add up to more than $40 a week, but that is often ignored.
    • On the one hand the law says a payment should be made if not making it would cause serious hardship.
    • People receiving benefits and their case managers face the choice between more debt and higher repayments, or failing to meet an essential need.

Ways to start easing the burden

    • A great deal could be achieved by just changing the policies and practices followed by Work and Income.
    • These could and should be used when someone has an essential need, particularly when they already have significant debt.
    • When it comes to changing the law, the best solution would be to make weekly benefit rates adequate to live on.

ESAs warn of risks resulting from a fragile economic outlook

Retrieved on: 
星期三, 九月 27, 2023

The ESAs warn national supervisors of the financial stability risks stemming from the heightened uncertainty, and call for vigilance from all financial market participants.

Key Points: 
  • The ESAs warn national supervisors of the financial stability risks stemming from the heightened uncertainty, and call for vigilance from all financial market participants.
  • Nonetheless, the European economy continues to experience a period of heightened uncertainty which presents material financial stability risks that necessitate vigilance from all financial market participants.
  • The economic outlook remains fragile, not least amid persistently elevated geopolitical risks, high inflation, and an uncertain macro-financial outlook.
  • This resulted in increased net interest income for banks, reduced profitability for insurers and liquidity risks for the asset management sector.