Some drivers for gig platforms like Uber and DoorDash say it's become harder to make money.
Additionally, people are still making money from the gig platforms: The share of Bank of America customers receiving income from gig work platforms has hovered between roughly 3% and 4% since early 2021.
Experts told BI it's difficult to estimate the number of US-based gig drivers across the different platforms.
Part-time drivers could be more willing to tolerate lower pay — some extra cash might be better than none, he added.
AdvertisementGig workers are looking elsewhere for better earningsExperts told BI that with few comparable options in the gig economy, drivers may have to get creative.
Persons:
Andrew Garin, Garin, that's, DoorDash, Uber, Aaron Lavender, Jason D, it's, he's, Lindsay Cameron, —, Cameron, she's, Nicole Moore, Sergio Avedian, Guy, Avedian, He's
Organizations:
Carnegie Mellon University's Heinz, Amazon, Rover, Bank of America, Wharton School, University of Pennsylvania, Drivers
Locations:
Canada, Colorado, Phoenix, Cleveland, Los Angeles