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Uber and Lyft have long said they pay drivers fairly, but they haven t shared all the data that could prove it

Uber and Lyft have long said they pay drivers fairly, but they haven t shared all the data that could prove it tsonnemaker@insider.com (Tyler Sonnemaker) © Getty Images Uber and Lyft have been charging customers more in recent months amid a driver shortage, but questions remain about whether drivers are benefiting from the price surges. Getty Images Uber and Lyft are trying to lure drivers back on the road with the promise of high earnings. But both have struggled to back up past claims about earnings, leaving many drivers skeptical. Experts told Insider Uber and Lyft s refusal to share pay data is largely to blame.

Why Uber and Lyft Won t Say How Much They Really Pay Drivers

Getty Images Uber and Lyft are trying to lure drivers back on the road with the promise of high earnings.  But both have struggled to back up past claims about earnings, leaving many drivers skeptical. Experts told Insider Uber and Lyft s refusal to share pay data is largely to blame. In 2014, as Uber was on its way to becoming the world s most valuable startup. It boasted that drivers in New York City working at least 40 hours per week earned a median income of more than $90,000 per year, while San Francisco drivers earned more than $74,000. For drivers working 52 weeks per year, that would average out to more than $44 and $35 per hour, respectively.

Ridesharing apps face shortages as demand for drivers surges

Ridesharing apps face shortages as demand for drivers surges and last updated 2021-04-23 14:53:50-04 As more states and cities ease COVID-19 regulations in businesses and sporting events, people are coming across one major problem: getting there. There is a massive shortage of rental cars, and major rideshare companies like Lyft and Uber are offering heavy incentives for drivers so they can overcome their own shortages. According to the International Organization of Motor Vehicle Manufacturers, production last year dropped 19 percent in the U.S. Some in the industry called it the worst crisis to ever impact the automotive industry. The drop in cars led to a drop in rental availability. Models in rental company lots were older and they were scarce, and if you absolutely had to rent, prices were inflated.

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