Friday, May 18, 2018

Study finds Uber drivers make less than minimum wage

The Chicago Tribune reports:
A new analysis about Uber drivers’ wages finds that they take home about $9.21 an hour, or less than minimum wage in many of the biggest markets where the ride-hailing service operates.

The analysis, by the pro-labor think tank Economic Policy Institute, builds on a recent MIT study that at first said that Uber drivers made an average of $3.37 an hour, then revised that figure to a median $8.55 an hour.


Uber’s chief economist, Jonathan Hall, rejected the MIT study’s findings in March, and released the San Francisco company’s own per-hour figure after expenses: $13.04.

The new calculations released this week are derived from the MIT study plus newly available administrative data from Uber, according to Lawrence Michel, former EPI president and now a distinguished fellow at the institute.
An article worth reading.