The Core

Why We Are Here => Economics & Investing => Topic started by: ergophobe on March 05, 2018, 03:09:50 PM

Title: 74% of Uber/Lyft Drivers earn less than minimum wage
Post by: ergophobe on March 05, 2018, 03:09:50 PM
https://www.npr.org/sections/thetwo-way/2018/03/02/590168381/uber-lyft-drivers-earning-a-median-profit-of-3-37-per-hour-study-says

Uber and Lyft are, of course, contesting the study saying its methods were flawed
Title: Re: 74% of Uber/Lyft Drivers earn less than minimum wage
Post by: rcjordan on March 05, 2018, 04:08:46 PM
QuoteA Massachusetts Institute of Technology research group that this week reported nearly three-quarters of Uber Technologies [UBER.UL] and Lyft Inc drivers earned below minimum wage is revisiting its study after a tweeted challenge by Uber Chief Executive Dara Khosrowshahi.

https://www.reuters.com/article/us-uber-wage-study/mit-study-that-found-low-pay-for-uber-drivers-to-be-revisited-idUSKCN1GF0RL

Debbie says $7/hr sounds about right. We'll see.