Uber and Lyft drivers' median hourly wage is just $3.37, report finds
Uber and Lyft drivers in the US make a median profit of $3.37 per hour before taxes, according to a new report that suggests a majority of ride-share workers make below minimum wage and that many actually lose money. Researchers did an analysis of vehicle cost data and a survey of over 1,100 drivers for the ride-hailing companies for the paper published by the Massachusetts Institute of Technology’s Center for Energy and Environmental Policy Research.
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