3min chapter

This Week in Startups cover image

Uber Q3 earnings, macro picture + Brinc Drones CEO Blake Resnick | E1602

This Week in Startups

CHAPTER

The Fed Is Not Satisfied With the Status of the Recession

$36 per hour is the average hourly rate of a Uber driver. That's four times federal minimum wage and almost five times in San Francisco. In Q3, drivers and careers are in $10.8 billion, not including tips. And this is up 25% year over year. You can make your own hours and make $36 an hour for a parent or student who has been laid off. This is the greatest gift to the United States workforce as a backstop.

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