New York City’s Minimum Wage Law for Rideshare Drivers Might Actually Be Reducing Drivers’ Pay

New York City’s new minimum pay rules for rideshare drivers were intended to boost driver income, but they may be having the exact opposite effect.

On Tuesday, rideshare company Juno—which is currently suing city regulators over the new pay rules—filed court documents showing that their bookings are down some 30 percent for the month of February (when the new pay rules went into effect) and that average hourly compensation has fallen by 17 percent.