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Old 03-05-18, 03:31 PM
Yappi Yappi is offline
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Join Date: 04-15-01
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How much do Uber drivers really earn?

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

Quote:
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."
Read more:
https://www.cbsnews.com/news/how-muc...s-really-earn/
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