U

Uber and Lyft no longer accepting new drivers in NYC

Uber And Lyft No Longer Accepting New Drivers In Nyc

If you were thinking to drive for Uber and Lyft in NYC, there is some bad news for you. According to a report from Politico, both companies have stopped hiring new drivers in New York City because of a newly-passed law. The new law aims to clamp down on an already oversaturated rideshare market. As of April 1st, Uber stopped accepting new driver application, and Lyft followed the same direction by no longer accepting applications starting April 19th.

On its website, Uber said that the hiring freeze is due to new regulations by the Taxi and Limousine Commission (TLC), which is the governing body that regulates rideshare and taxi industry in New York City. TLC previously passed new regulations in December 2018, stating that rideshare companies in NYC are now subject to penalization if they run more cars on the streets than current demand allows.

Due to the new rules, Uber and Lyft drivers are now required to pay at least $17.22 per hour to drivers, after expenses. If both companies have too many drivers on the road and not enough passengers, this can result in less income for all drivers overall. Both companies did say that this hiring freeze won’t be permanent in NYC and they plan to start hiring again when driver count drops below demand.

Hamza Khalid

Hamza Khalid is the Lead Editor at The Jolt Journal. You're more than welcome to follow him on Twitter and follow The Jolt Journal on Twitter and Facebook. If you have any questions, concerns, or need to report something in this article, please send our team an email at [email protected]. This story may be updated at any time if new information surfaces.

At The Jolt Journal, no one tells us what to write or how to write it. This is why, in the era of lies and bias, readers turn to an independent source. Rest assured, all information on our website is free of any bias or influence. If you see anything wrong with a story, please don't hesitate to reach out. We do our very best to report on the latest available information.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.