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Old 03-05-18, 03:31 PM
Yappi Yappi is offline
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Yappi will become famous soon enoughYappi will become famous soon enough
How much do Uber drivers really earn?

Anyone ever drive for one of these companies? Does their report sound right?

Driving for Uber or Lyft is often held up as a model for how the "gig economy" is creating opportunities for workers to, as Uber puts it, "earn what you need." And so it is — if you don't need to earn very much, new research suggests.

Drivers for the two biggest ride-sharing companies earn a median profit of $3.37 per hour before taxes, while almost three out of four drivers make below the minimum wage in their state, according to a study published by MIT's Center for Energy and Environmental Policy Research. The study, based on a survey of more than 1,100 drivers, factors into its analysis expenses for vehicles, such as insurance and repairs.

Lyft said it hasn't had a chance to study the research, but added that it appears to show "some questionable assumptions." Uber took issue as well, describing the research as "deeply flawed."
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