By the end of the year, NYC will impose pay increases for Uber and Lyft drivers

The Taxi and Limousine Commission (TLC) of New York City has decided to raise the minimum wage for Uber and Lyft drivers. Per-minute costs increase by 7.4 percent, while per-mile rates increase by 24 percent. In practise, this implies that a 30-minute journey of 7.5 miles will earn a driver at least $27.15 – an increase of more than $2.50 above current rates.