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When Their Shifts End, Uber Drivers Set Up Camp in Parking Lots Across the US (bloomberg.com)
A feature report on Bloomberg today illustrates the lives of several Uber drivers, who find shelter in car parking at nights when it's too pricey and tiring to go home. An excerpt from the story: In Chicago, Walter Laquian Howard sleeps most nights at the "Uber Terminal." "I left my job thinking this would work, and it's getting harder and harder," Howard said. "They have to understand that some of us have decided to make this a full-time career." Howard has been parking and sleeping at the 7-Eleven four to five nights a week since March 2015, when he began leasing a car from Uber and needed to work more hours to make his minimum payments. Now that it's gotten cold, he wakes up every three hours to turn on the heater. He's rarely alone. Most nights, two to three other ride-hailing drivers sleep in cars parked next to his. It's safe, he said, and the employees let the drivers use the restroom. Howard has gotten to know the convenience store's staff -- Daddy-O and Uncle Mike -- over the past two years while driving for this global ride-hailing gargantuan, valued at $69 billion. "These guys have become my extended family," said Howard, 53. "It's my second home. We have this joke that I'm the resident. I keep asking them: 'Hey, did my mail come in yet?'"
This just so exemplifies the scam aka – Gig Economy.
Looking at his numbers
Let say he makes $300/day, that’s $230 after gas and a couple of 711 munchies.
Well, since he’s self employed, he pays full SS & Medicare tas of 13.85% - which goes against GROSS receipts of $300 = $41.55
Secondly, reading through most Uber forms, people who work 55+ hours per week drive © 300 miles a day. A DAY!. The Federal allowance for vehicle maintenance is $.54 / mile. At 300 miles = $162.
The reality is he will have to change his tires, breaks, engine oil, much more often, and that costs Probably not far from the fed estimates.
So, take is net after gas, subtract $41.55 in SS/MC taxes, subtract $162 in maintenance leaves $96.45, which he as to pay Federal Income Tax of 10%.. or $9.65..
This leaves him with a NET of $86.81, for a 10 hour shift – or $8.91 with zero benefits.
You’re WAY better off flipping burgers.
Uber's own ad campaigns bend over backwards to emphasize that this is supposed to be a side gig to make some extra money.
Uber was just this week fined $20M by the FTC for doing the exact opposite of what you're saying, so pardon me if I don't believe anything you've just said. They were overstating median incomes by as much as $29,000/year, advertising unlimited mileage for leases that didn't actually have unlimited mileage, and advertising that their leases were lower-cost than their competitors (which wasn't true in the least). The FTC found that in some markets, only around 10% of the drivers were making as much as the "median" incomes that Uber was advertising.
So while I do generally agree that the world doesn't owe anyone anything, I'll add the caveat that companies are obligated to not make fraudulent claims, which is exactly what Uber is being fined for having done.
Don't know if that's intended as a joke, but years ago when I clerked an Allsup's, they did in fact make us rent our aprons. They paid a few cents over minimum wage, but fell below that bar if you deducted the cost of apron rental. They gave us the option of buying an apron, but they were fairly expensive and the laundering requirements were absurd compared to the laundry schedule the store managed.
He's getting rather old, but he's a good mouse.
Things did not change. The minimum wage was set to ensure that EVERY job pays a living wage, minimum. During boom times, salaries soared and minimum wage jobs were the ones kids took. Adults worked "real" jobs that paid more. That is where that false perception comes from.
FDR made a public speech after signing the minimum wage in to law. He said:
"In my Inaugural I laid down the simple proposition that nobody is going to starve in this country. It seems to me to be equally plain that no business which depends for existence on paying less than living wages to its workers has any right to continue in this country. By "business" I mean the whole of commerce as well as the whole of industry; by workers I mean all workers, the white collar class as well as the men in overalls; and by living wages I mean more than a bare subsistence level-I mean the wages of decent living."
http://docs.fdrlibrary.marist....
Yes.
Easily.
Among OECD countries, the US has the 5th lowest economic mobility.
More economic mobility than the US:
Denmark
Norway
Finland
Canada
Australia
Sweden
New Zealand
Germany
japan
Spain
France
Switzerland
Less economic mobility that the US:
UK
Italy
chile
Slovenia
http://www.epi.org/publication...
The guy who said the election was rigged won the presidency with the second-most votes.