Uber and Lyft drivers earn the most monthly revenue in San Francisco, New York City, and San Jose, JPMorgan Chase finds.
analyzed banking records to find which cities pay gig workers who are drivers the most. The bank found that while more people are using ride-sharing apps to generate income, the average monthly pay from these apps declined by half since 2013.
The report suggests the pay, on average, is not enough for drivers working full-time:"As occasional engagement becomes more common in the transportation sector, important policy questions arise around what should be or can be done for would-be full-time drivers," the reportWhile the pay may be reasonable in some cities, Uber drivers work as independent contractors, meaning they are not salaried employees...
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