Uber and Lift Cut Off Hiring of New Drivers in NYC as New Regulations Appear to Work

Lifter and Uber are onboarding for new drivers in New York City following last year's historic vote that lifted the wage minimum for drivers ride-hailing companies late last year, Politico reported Monday.

The news comes After New York City's Taxi and Limousine Commission in December, new rules governing the minimum wage for ride-hailing companies passed, ensuring that drivers make a liveable wage, which went into effect at the beginning of February.

independent contractors, ie the workforce on which ride-hailing companies would need to make a little over $ 17 per hour, after taxes and expenses, to earn the equivalent of city's $ 15 minimum wage.

According to Politico, the new rules thing companies have too many active drivers on city streets that aren't actually shuttling passengers. Essentially, the rules are meant to limit the number of roaming vehicles while also ensuring that drivers make a livable wage. The site noted that “



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