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What will be the impact on employment rates for rideshare drivers in Minnesota by the end of 2024?
5
Resolution / Starting Odds
Increase • 33%
Decrease • 33%
Remain the same • 34%
State employment reports or specific surveys from rideshare companies
Story
Minnesota Lawmakers Approve 20% Pay Raise for Uber and Lyft Drivers in Statewide Rideshare Deal
May 20, 2024, 03:16 PM
Minnesota lawmakers have reached an agreement to raise the pay rates for Uber and Lyft drivers, ensuring the rideshare companies will continue operating in the state. The deal, announced by Governor Tim Walz and Democratic lawmakers, came after Uber and Lyft threatened to exit Minnesota due to a Minneapolis ordinance that would have required higher pay. The new legislation, which passed the state Legislature, sets a new minimum wage for drivers, resulting in a 20% pay increase. This compromise preempts the Minneapolis measure and is considered the strongest labor protection for rideshare drivers in the nation. The legislation received approval in the Legislature and is part of a broader statewide rideshare policy.
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Majority satisfaction • 50%
Majority dissatisfaction • 50%
Increase in full-time drivers • 25%
Increase in part-time drivers • 25%
No change in employment status • 25%
Decrease in total drivers • 25%
Increase in market share • 33%
Market share remains stable • 33%
Decrease in market share • 33%
Improved • 50%
Unchanged/Deteriorated • 50%
Increased market share • 50%
No change or decreased market share • 50%
0-10% increase • 25%
10-20% increase • 25%
20-30% increase • 25%
More than 30% increase • 25%
Profitability decreases • 33%
Profitability remains stable • 33%
Profitability increases • 33%
Continued operation • 50%
Cease operation • 50%
Other states adopt similar legislation • 33%
Other states consider but do not adopt similar legislation • 33%
No similar legislation in other states • 33%
Adopt similar legislation • 33%
Consider but not adopt • 34%
No action taken • 33%