After a dramatic decline in traveling this past year, people are moving again. Yet, despite offering cash incentives, rideshare giants Uber and Lyft are still struggling to bring drivers back to full speed, leading to longer wait times for customers and soaring prices.
Uber and Lyft have put millions into these efforts, but some former drivers aren’t even looking at these stimulus packages or trying to get in on surge pricing. A large percentage who are still holding out.
For many it’s fear of the continued pandemic, which is what made them stop driving in the first place…
Others, wanting to stay in the gig economy but fearful of transmission, have switched to food or grocery delivery. That’s also allowed them to put less wear-and-tear on their cars, especially as gas prices and car parts prices increase…
Some drivers have also remained on unemployment benefits, which are set to expire later this year.
More>>