This morning’s Consumer Price Index report finds inflation has hit a 40-year high, up 7.9% over the past year. With gas prices rising and things like car maintenance, tires, and brakes all more costly in this economy, gig workers say increasingly drivers are parking their cars. They complain companies like Uber, Lyft, and Doordash have not increased their pay enough to keep up with current costs and if they drive it’s almost impossible to make money once they fill the tank and take care of other needs. They want the companies to factor it into the bottom line and not to increase prices for riders because then ridership will go down. One driver in San Francisco says he has to do quick math every time a trip comes in to figure out if it’s worth taking. He has to make $3 per mile for any trip over two miles or he will lose money on the trip. Increasingly more drivers say their buddies are finding other jobs.
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