From the RideshareGuy:
Uber and Lyft have been offering drivers big incentives to hit the road, mainly because of the driver shortage, but is that enough to entice drivers to return to the platform?
One of my biggest concerns for the rideshare industry is the yo-yo effect on drivers: drivers returning to the platform or joining it for the first time, making good money, then having demand dry up due to shutdowns nationwide.
If that happens too many times, fewer drivers will see rideshare driving as a viable option to earn extra income - and that will really spell problems for the rideshare industry.
Here’s what readers are saying:
Jerri shares a common sentiment among drivers: not wanting to return to rideshare due to too many concerns about unvaccinated and potentially sick passengers:
“I'm slowly getting back to doing food delivery. At this point I'm not sure if I'm going back to regular Uber with all the rate and vaccine issues.”
Another driver believes the shortage can be attributed to people having more money and not necessarily needing to drive:
“It's almost like the 40% of the market that was doing this gig before Covid now don't have a reason to get back in. Rising home prices and stock portfolios hmmm.”