univeristyofoxford

Latest

  • REUTERS/Toby Melville/Illustration

    Study shows Uber created some new taxi jobs, but hurt wages

    by 
    Andrew Dalton
    Andrew Dalton
    01.27.2017

    One of the taxi industry's biggest complaints against its competition at ridesharing companies like Uber in Lyft is the idea that these newcomers have been siphoning away jobs from regularly employed taxi drivers. According to a new study of data from the US Bureau of Labor Statistics, however, that was not actually the case.