Source: EconLog
by Alex MacDonald
“This month, amid World Cup fever, New York City implemented a new job-protection law. This law forbids app-based rideshare platforms from removing drivers unless they can show they have ‘just cause’ or a ‘bona fide economic reason.’ The new law follows a pattern set by a similar pandemic-era law, also from New York City, which applied the same standards to the fast-food industry. As examples of political sloganeering, these laws are hard to beat: no one will argue with fairness in firing. But as economic policies, they’re nothing short of an own goal. By making it harder to fire people, they inadvertently discourage businesses from hiring those people in the first place. They also make it harder for already-employed people to switch jobs.” (07/21/26)