• Ari Goldfarb

Paid Sick Leave

In March Republicans blocked legislation that would aid in securing sick leave for Americans effected by Coronavirus.[1]Currently over 32 million Americans have no paid sick leave. That percentage grows as you shift the perspective to low wage work.[2]The gig economy, which offered flexibility in the past could now become one culprit for disease spread for individuals who rely on it for a sizable portion of their income. Any day a driver does not work is a day that driver is not compensated. So even as World Health Organization calls for social distancing, many Americans are forced to not only continue going to work, but continue close-quarter interaction.

According to KUOW a full-time Uber and Lyft driver can carry 20 passengers a day.[3]That’s 20 fares in a closed space with a stranger. The issue is, the service is still necessary and the drivers rely on the flexible hours of the gig economy to work. Since they usually are not employees they do not receive traditional benefits. So even as the numbers of infected rise, workers have to ask if they can afford to take time off. According to Yahoo Finance, in 2019, well over half of Americans have less than $1000 in savings, which means a sizable portion of the population cannot afford to take extended time off while the virus spreads.[4]

Gig jobs are rarely an individual’s sole source of employment. In 2018 the Economic policy institute published around 12.5% drive Uber or Lyft full time, which means these individuals are either supplementing necessary income by driving part-time or relying on Uber for their savings. Either way, they are not earning enough from their primary occupation: “30% of workers in the lowest 10% of wages have access to paid sick days, while the same is true of 93% of workers in the highest 10% of wages.”[5]Those who have the means to rely on their savings also have paid sick leave while those who rely on second jobs do not. Individuals currently working multiple part-time jobs, many of these jobs in the service industry, will have to continue going to work where they most likely handle food, or clothing, in close proximity to customers and coworkers.

One undeniable way to reduce the spread of airborne disease is to reduce the number of interactions with others and our current sick pay structure is proving not to be sustainable during a time of crisis.

[1] [2] [3] [4] [5]

25 views0 comments

Recent Posts

See All

Subscribe Form

(716) 842-0145

4549 Main St Suite 200 Buffalo, NY 14226

900 Camp St Suite 4C5 New Orleans, LA 70130

  • Facebook
  • YouTube
  • LinkedIn
  • Twitter

Raymond James financial advisors may only conduct business with residents of the states and/or jurisdictions for which they are properly registered. Therefore, a response to a request for information may be delayed. Please note that not all of the investments and services mentioned are available in every state. Investors outside of the United States are subject to securities and tax regulations within their applicable jurisdictions that are not addressed on this site. Contact your local Raymond James office for information and availability. Links are being provided for information purposes only. Raymond James is not affiliated with and does not endorse, authorize or sponsor any of the listed websites or their respective sponsors. Raymond James is not responsible for the content of any website or the collection or use of information regarding any website’s users and/or members. Raymond James Financial Services is not affiliated with New Orleans Chamber of Commerce.

Securities offered through Raymond James Financial Services, Inc., Member FINRA/SIPC Privacy Policy</a/<a

Goldfarb Financial is not a registered broker/dealer and is independent of Raymond James Financial Services, Inc. Investment advisory services offered through Raymond James Financial Services Advisors, Inc.

Certification awarded by an independent nonprofit organization B Lab. This certification recognizes businesses that meet rigorous standards of social performance, accountability and transparency. The 2019 Best for the World lists are determined based on the verified B impact Assessments of Certified B Corporations. The B Impact Assessment (BIA) is a free Online tool designed to comprehensively measure the positive impact that businesses generate for their communities, customers, workers, and environment; administered by the independent nonprofit B Lab. Criteria can be found at The ranking may not be representative of any one client’s experience, is not an endorsement, and is not indicative of the firms’ or the advisor’s future performance. Neither Raymond James nor any of its Financial Advisors pay a fee in exchange for this award/rating. B Impact and Best for the World is not affiliated with Raymond James.

We receive, collect and store any information you enter on our website or provide us in any other way. In addition, we collect the Internet protocol (IP) address used to connect your computer to the Internet; login; e-mail address; password; computer and connection information and purchase history. We may use software tools to measure and collect session information, including page response times, length of visits to certain pages, page interaction information, and methods used to browse away from the page. We also collect personally identifiable information (including name, email, password, communications); payment details (including credit card information), comments, feedback, reviews, recommendations, and personal profile. When you conduct a transaction on our website, as part of the process, we collect personal information you give us such as your name, address and email address. Your personal information will be used for the specific reasons stated above only. We collect such Non-personal and Personal Information for the following purposes: To provide and operate the Services; To provide our Users with ongoing customer assistance and technical support; To be able to contact our Visitors and Users with general or personalized service-related notices and promotional messages; To create aggregated statistical data and other aggregated and/or inferred Non-personal Information, which we or our business partners may use to provide and improve our respective services; To comply with any applicable laws and regulations. All direct payment gateways offered by and used by our company adhere to the standards set by PCI-DSS as managed by the PCI Security Standards Council, which is a joint effort of brands like Visa, MasterCard, American Express and Discover. PCI-DSS requirements help ensure the secure handling of credit card information by our store and its service providers. If you don’t want us to process your data anymore, please contact us at or send us mail to: 295 Main St Ste 914 Buffalo, NY 14203. We reserve the right to modify this privacy policy at any time, so please review it frequently. Changes and clarifications will take effect immediately upon their posting on the website. If we make material changes to this policy, we will notify you here that it has been updated, so that you are aware of what information we collect, how we use it, and under what circumstances, if any, we use and/or disclose it. If you would like to: access, correct, amend or delete any personal information we have about you, you are invited to contact us at or send us mail to: 295 Main St Ste 914 Buffalo, NY 14203.