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It will probably fall a bit more once the VCs get tired of subsidizing the growth in these companies.
Is average payout really a good indicator? There could be more part-time drivers.
Agreed. Uber and Lyft’s responses say as much.

> Uber’s biggest competitor, Lyft, agrees with this sentiment. “The fact that this study did not examine hourly earnings, the metric that drivers care most about, has resulted in misleading headlines,” a Lyft spokesperson said in an email.

> “Many more drivers are choosing to earn with Lyft on a part-time basis, often fewer than ten hours per week, and they tell us they truly value the flexibility Lyft provides.”

> Uber’s biggest competitor, Lyft, agrees with this sentiment. “The fact that this study did not examine hourly earnings, the metric that drivers care most about, has resulted in misleading headlines,” a Lyft spokesperson said in an email.

It would just point out that they make less than minimum wage. $3.37/hr in USA it looks like. Would hourly earnings in this study really be any better of an outcome?

https://www.usatoday.com/story/news/nation-now/2018/03/02/ub...

https://www.independent.co.uk/life-style/gadgets-and-tech/ne...

https://jalopnik.com/about-75-of-uber-and-lyft-drivers-earn-...

This is the dirty secret of capitalism. Eventually, someone will do what you do for less money.
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Good, more people need to realize that it's not a good system for the employees.