Uber and Lyft may face minimal risks from potential deportations under Trump's immigration policies.

From Investing.com: 2024-11-24 10:01:01

Uber, Lyft, and other U.S. rideshare and delivery platforms may face minimal risks from potential deportations under President-elect Trump’s immigration policies, analysts say. Undocumented migrants could make up 10% of drivers, but platforms have strategies in place to mitigate any impact on pricing and supply.

The gig economy, particularly rideshare and food delivery services, is expected to see limited direct impact from immigration policies. Platforms like Uber and Lyft have mechanisms to adjust pricing and incentives to retain drivers despite potential deportation risks.

Despite potential deportation risks, analysts believe the impact on rideshare and food delivery platforms will be minimal. Both Uber and Lyft have reported increases in their driver numbers, indicating healthy supply levels and confidence in maintaining balance between supply and demand.

The rideshare industry, heavily reliant on flexible part-time workers, has strategies to address supply issues even if some drivers are deported. Concerns about labor supply and potential pricing spikes due to stricter immigration enforcement are ongoing, but immediate threats seem limited based on analysts’ assessments.



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