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In particular, there are questions about how a Harris presidency could affect theside gigindustry.
While Harris policies aim to benefit workers, regulations often have unintended consequences for employers.
This, and other proposed and continued changes, could be a double-edged sword forside gig workers.
My former company struggled to adjust pricing and operations to comply with wage hikes, forcing cost-cutting elsewhere.
Raising the minimum wage may spur demand for some side gig services, he said.
With more disposable income, customers may spend on convenience services like ride-sharing, food delivery and pet sitting.
Policy changes often bring unintended consequences, Rosario said.
Increased business regulations could negatively impact some small gig employers, forcing them to downsize services or staff.
These regulations may affectonly larger businessesor those in specific industries, however.
For example, under the Biden-Harris administration, more support has been given to women-owned businesses and entrepreneurs alike.
As Rosario also pointed out, Harris has proposed increasing corporate taxes.
If this happens, it could reduce demand for some side gigs.
Rosario added that these classification changes could mean greater stability for those with a side gig.
This could create new opportunities for side gigs in these industries.
Bottom Line
Any policy changes would very likely require congressional approval.
On the whole, Rosario believes that the side gig industry would benefit under Harris.
Of course, without concrete policies in place, the real impacts remain to be seen, he said.
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