The arrival of Uber and Lyft may have increased economic activity in US metropolitan areas without producing a clear rise in overall employment or worker earnings. A study published in Nature Cities examined the staggered introduction of UberX and Lyft across 167 service regions between 2010 and 2019. The researchers estimated that the arrival of UberX or Lyft was associated with a 2.9% increase in regional GDP per person and a 3.7% increase in …
Read with caution - this story is only being covered by one news source that has a ‘low factuality’ rating, which means the outlet has a history of poor reporting practices. Learn more about factuality ratings here.