According to the TLC, the Uber and Lyft wage raises come on top of a 5.3 percent raise given to drivers earlier this year. Drivers wanted more compensation in the face of rising inflation and rising operating expenses.

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According to the TLC, the Uber and Lyft wage raises come on top of a 5.3 percent raise given to drivers earlier this year. Drivers wanted more compensation in the face of rising inflation and rising operating expenses.