The ride-hailing app Uber promises its drivers independence and an opportunity to earn a living with a flexible side gig. But a new report by Bloomberg finds most of Uber’s revenue comes from drivers who are working 35 hours a week for the company.
As more drivers sign up, competition is driving down wages. Some drivers even commute long distances from home and sleep in their cars so they can stay close to high-demand areas.
Here & Now‘s Robin Young talks with Olivia Zaleski ( @OliviaZaleski), who reported the story for Bloomberg along with Eric Newcomer, about the shifting economics of driving for the largest employer in the gig economy.
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