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> According to Uber, the median wage for an UberX driver working at least 40 hours a week in New York City is $90,766 a year. In San Francisco, the median wage
by dghf 12y ago
> According to Uber, the median wage for an UberX driver working at least 40 hours a week in New York City is $90,766 a year. In San Francisco, the median wage for an UberX driver working at least 40 hours a week is $74,191. Does that sound like a plan for reducing income inequality? Or increasing it?
I don't know. What are the median wages of the cab drivers that these UberX drivers are apparently putting out of work? The article doesn't say.
- falsestprophet 12y agoUber is lying of course. Those figures are revenue. Subtract operating expenses of around 50 cents per mile and then you have real earnings or "wages."
- socialist_coder 12y agoGreat point. Those jobs will be gone soon anyways. Uber wants nothing more than to replace human drivers with AI.
- varjag 12y agoAnd "at least 40 hours a week" is another subtle caveat. This obviously includes all the drivers putting whatever time they can into it.
- cylinder 12y agoOf course. And they don't earn "wages," they are contractors.
- polskibus 12y agoIs wage calculated without costs like loan repayments on the car, gas, etc.?
- beat 12y agoI really dislike that they noted how many cab drivers are being put out of work, without noting how many new jobs were created by Uber. That's a dishonest and misleading journalistic practice.