Gig Economy Relief Fund – $100K Committed (3.17.2020)
As a result of the current and anticipated local economic impact of COVID-19, the New Orleans Business Alliance (NOLABA) has set up a dedicated relief fund to meet the needs of gig economy workers who have been directly affected by loss of income. NOLABA has committed $100,000 to initiate the fund, with the goal of increasing its assets to a minimum of $500,000. With the full support of Mayor LaToya Cantrell and City Council, we’re charging the entire community to participate, encouraging business leaders, philanthropy, and concerned residents to contribute to this critical relief effort.
Gig economy workers represent more than 8% of the workforce in Orleans Parish, including rideshare drivers, musicians, arena workers, and festival production staff. As contract employees, gig economy workers tend to lack access to minimum wage, paid sick leave, overtime pay, and standard employee benefits, making them particularly susceptible to changes within the economy.
With the cancellations and postponements of many large local events on the horizon, this community stands to lose out on millions of dollars of potential income, directly impacting their livelihoods and well-being. The establishment of this relief fund will help ensure that these critical members of the community may continue to be active participants in the New Orleans economy, and rest assured that their families will be taken care of during this uncertain time.