First hour: Discussing the state of ride-sharing with local Uber and Lyft drivers
Second hour: What to expect with the stock market and the economy as 2023 comes to a close
2024 will mark seven years since ride-sharing services became available in Upstate New York. Since then, drivers and passengers in the Rochester area have leaned into the services – with some drivers even switching to driving full-time. The New York Times recently reported that Uber drivers say they are struggling. They point to inflation and a blocked raise making it difficult to make ends meet. Meanwhile, Uber and Lyft are set to pay drivers in New York $328 million in backpay after the state attorney general’s office says the companies short-changed drivers from 2014-2017. Part of that deal includes paid sick leave and a minimum wage of $26 an hour during driving time. This hour, we talk with local drivers and a business owner about the state of ride-sharing services. Our guests:
- Lakeisha Smith, Uber/Lyft driver
- Jessica Fleming, Uber/Lyft driver
- Simone Boone, owner of Apogee Wine Bar
Then in our second hour, the stock market is coming off an intense rally and the best month of the year. Gas prices are down compared to this point a year ago. But how temporary are these changes? Or how lasting? Our guests talk about the state of the economy as 2023 winds down. In studio:
- Chuck Wade, senior vice president of Brighton Securities
- Eric Morris, Ph.D., staff economist for Alesco Advisors
