Uber and Lyft to Cease Operations in Minneapolis on May 1st as New City Ordinance Requires Higher Pay Takes Effect from 1st para Watch Video
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⏲ Duration: 0:43 👁 View: 985K times ✓ Published: 10-Apr-2024
Description: Uber and Lyft said they will stop serving Minneapolis starting May 1st in response to a new city ordinance requiring higher driver pay rates. The ordinance requires rates of $1.40 per mile and $0.51 per minute, or $5 per ride, exceeding what a state study said was needed to meet the $15.57 minimum wage. Gov. Walz is concerned about the effects on transportation access if Ube and Lyft leave the metro area of 3 million people. He advocated for a resolution through compromise with the Minneapolis City Council, rather than state legislative intervention, as the most effective approach to address the issue.
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