How much money do taxi drivers make in nyc
Uber has long said its drivers get paid more than traditional cabbies. But do they really? Driver surveys, strikes , and class action lawsuits suggest otherwise. When Uber launched in , the San Francisco company offered riders the convenience of calling a cab with the touch of a button and promised drivers the autonomy to be their own boss and set their own schedule.
But that autonomy comes at a price: Data published last year by the ridesharing service gives the clearest look into the company's business—and that of its drivers.
In Uber released two reports: Krueger and Jonathan Hall, Uber's head of policy research. Together, they provide information on how drivers use Uber, how much they make, and how fast Uber's business is growing.
The real scoop on wages.
The big news in this latest report is wage data. This time around, Uber still isn't including those costs when calculating drivers' wages, but it has broken down earnings on a per-hour basis and compared them with government data on how much conventional taxi drivers take home.
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The Bureau of Labor Statistics lumps those professions together, which makes for a reasonably fair comparison to Uber's grouping of commercially licensed Uber Black drivers—a premium service—and lower-paid UberX drivers.
These numbers are impressive, but Uber acknowledges that its driver-partners "are not reimbursed for driving expenses, such as gasoline, depreciation, or insurance, while employed drivers covered by the OES [Occupational Employment Statistics] data may not have to cover those costs.
It's still hard to say. It should also be noted that cab drivers likely share in many of those expenses. But cab drivers may not have to pay for their own vehicle, which drives Uber's average net hourly wages even lower.
So while it seems like an Uber driver's salary is at least on par with that of a normal cab driver, and potentially more, since that data was released, fare cuts in many cities have slashed driver earnings below minimum wage.
Uber contends that lower fares encourage more people to use the app, meaning more business for drivers.
What kind of jobs is Uber providing? The data also showed that many drivers see the ride-sharing service as a stopgap measure until they find a better job.
Taxi Driver Salaries in New York, NY by education, experience, Location and more - utabumo.web.fc2.com
Indeed, slightly more than half of Uber drivers became inactive one year after joining the service, suggesting they quit or found other work. The numbers demonstrate how Uber isn't providing a career as much as an income supplement or temporary gig: Ultimately, it's up to drivers to choose whether Uber makes sense for them.
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In the United States, Uber says, more than , drivers had partnered with the company by the end of , and almost 40, new U. As these cases continue to make their way through the courts, and more data is released, prospective drivers will have more information than ever when making their decision.
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