Driving for Uber gives Keith Cooney, 65, a chance to meet riders from all over the country. But the pay? It's not always so great.
EXPLAINING A PAY GAP OF NEARLY 10%
Diamond, the Stanford economist, co-authored a recent study that broke down earnings for Uber drivers by age. The researchers found that 60-year-old drivers earn nearly 10% less per hour than 30-year-old drivers, on average.
To be clear, that's not because Uber pays younger and older drivers differently.
"Obviously, the Uber formula for pay is the same for all workers," Diamond said.
A large part of that gap can be explained by where older drivers...........