Uber created new taxi jobs, but hurt wages: studyJanuary 28, 2017 - 13:43 AMT PanARMENIAN.Net - One of the taxi industry's biggest complaints against its competition at ridesharing companies like Uber in Lyft is the idea that these newcomers have been siphoning away jobs from regularly employed taxi drivers. According to a new study of data from the US Bureau of Labor Statistics, however, that was not actually the case, Engadget reports. The research paper titled "Drivers of Disruption? Estimating the Uber Effect" was published by the University of Oxford and examines the effects Uber had on the local labor force when it rolled out to major American cities like New York, Los Angeles and San Francisco between 2009 and 2015. As the MIT Technology Review reports, the numbers of self-employed drivers did shoot up by 50 percent after Uber's arrival in each city, but the total number of regularly employed taxi drivers also had a small increase. Despite the employment bump, the numbers don't exactly paint a positive picture for the post-Uber taxi workforce. The data also showed that taxi drivers' average hourly earnings dropped by around 10 percent after Uber's arrival in a city. The self-employed drivers, on the other hand, saw their wages increase by about that much at the same time. According to MIT, the difference in hourly wages is likely because self-employed Uber drivers can make more efficient use of their time, so the per-ride pay works out to a better hourly wage. While these statistics come directly from the federal government, Uber has been known to oversell potential earnings when trying to entice new drivers. And it's hard to imagine any of these drivers are going to be happy once the company's self-driving fleet becomes a reality. Top stories Yerevan will host the 2024 edition of the World Congress On Information Technology (WCIT). Rustam Badasyan said due to the lack of such regulation, the state budget is deprived of VAT revenues. Krisp’s smart noise suppression tech silences ambient sounds and isolates your voice for calls. Gurgen Khachatryan claimed that the "illegalities have been taking place in 2020." Partner news Most popular in the section | Russia provides info about arrested Armenian ex-MP Russian law enforcement agencies have provided information about the arrest of Tigran Urikhanyan. Lemkin Institue slams Pashinyan's “cryptic engagement with Genocide denial” The Lemkin Institute is alarmed over Pashinyan’s statements “questioning Armenia's legal basis to pursue justice against Turkey”. 41 detained as antigovernment protests continue in Yerevan 41 people were detained in Yerevan as people demanding Pashinian’s resignation stage campaigns of civil disobedience. Armenia votes for UN resolution granting Palestine new rights The U.N. General Assembly voted by a wide margin on May 10 to grant new “rights and privileges” to Palestine. |