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Buzzfeed: Robert Reich Says The Gig Economy Can Be A “Nightmare”.

Can be!

08/04/16 • 11:09 AM • EconomicsHome & LivingHuman Rights • (2) Comments


Just stepping back a bit let us take Uber

How does Uber differ from the industry they are attacking?

Lower cost of entry for driver
Lower fares
Little oversight
Lower bookkeeping cost per ride
Lower cost to have an employee
Zero vehicle cost

I only see one that benefits driver
The rest all benefit Uber hugely in comparison to cab companies
So they have slashed their costs and didn’t quit when they got to drivers, who are also picking up all wear, tear and maintenance.

Those costs are something the government is very good at tracking, so look at gov’t mileage reimbursement.

2016 is back down to 0.54c per mile including fuel
Cab average in NYC is 70k miles so 37,800 out of pocket per year in driver cost.
So I suspect for drivers Uber becomes a way to pick up pocket change while racing against the death of your current car

Posted by Emmett on 08/04/16 at 12:29 PM

If the driver’s not taking car wear and tear out of their earnings, they’re losing.


Posted by Garret P Vreeland on 08/04/16 at 01:44 PM


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