Monday, September 24, 2018

"Uber drivers and other gig economy workers are earning half what they did five years ago"

Recode:

On average, drivers who transport people (Uber or Lyft) or things (Uber Eats or Postmates) through an app made 53 percent less in 2017 than they did in 2013, according to a new study by the JPMorgan Chase Institute that looks at online gig economy payments into Chase checking accounts.

...

A spokesperson for Uber, which is the most prominent transportation platform included in the study, chalks it up to growth in drivers who choose to drive part-time.

...

The average monthly payments to those who worked for a transportation app in a given month declined to $783 from $1,469. Meanwhile, people working for leasing apps — Airbnb, Turo, Parklee and other apps that let you rent assets like your home, car or parking space — saw their incomes from those platforms rise 69 percent to $1,736 on average.