![]() ![]() COVID concerns are likely a factor in nonteacher staff shortages.Household survey data indicate that the number of employed public K–12 teachers fell by 6.8%, school bus drivers by 14.7%, school custodians by 6.0%, and teaching assistants by 2.6%. Since the beginning of the pandemic, state and local public education employment fell by nearly 5% overall, with much larger declines in some states, according to establishment data from the Bureau of Labor Statistics.For more than a year, Lyft worked to project itself as the more driver-friendly alternative, and it even disclosed in its IPO filings that it got a big boost from Uber's missteps. Under the leadership of CEO Travis Kalanick, its founder, Uber slogged through scandals that resulted in a huge bump for Lyft. The two companies have fought hard to maintain drivers' status as independent contractors, who are not entitled to the same benefits that a full-time employee would. In that area, a major focus for both Uber and Lyft will continue to be the amount drivers are paid. For now, it's all about ridesīut until those moon-shot services are making money, investors will most likely be focused on the company's main ride-hailing business. This year's elevate conference is set for June in Washington. Allison took over from Jeff Holden as chief product officer in 2018, shortly after the company's annual elevate conference in Los Angeles. The group is now overseen by Eric Allison, who previously oversaw the flying-car company created by Larry Page called Zee Aero. In the skies, Uber Elevate is working on flying taxis. ![]() The service, which is powered by the Israeli tech startup Moovit, also allows users to purchase train tickets using the Uber app. The group, overseen by Rachel Holt in Washington, has also launched a public-transit integration in Denver, where Uber customers can see options for trains and buses in addition to car rides. Most recently, its scooters launched in several places including London and Washington, DC. Uber's new mobility unit is working to advance its bike and scooter offerings, which began with the company's purchase of Jump last year. After all, many view self-driving cars as the company's only way to profitability given that driver pay is one of Uber's biggest expenses.īut its bets don't stop at autonomous taxis. The company is back to testing, Uber's chief self-driving scientist said on Tuesday, and the company is still investing massive amounts of capital into the software and hardware for what it hopes will eventually be an autonomous fleet. A high-profile crash in Arizona that killed a pedestrian in March 2018 brought massive amounts of scrutiny to the program and caused Uber to temporarily remove its autonomous vehicles from roads where they were operating. Then there's the company's Advanced Technology Group, which is working to develop self-driving cars at its offices in Pittsburgh, Toronto, and San Francisco. Read more: An Uber Eats executive reveals the company's surprising strategy for moving beyond taxi rides A company executive told Business Insider in March that the service showcased the "power of the Uber platform." The company also allows Uber for Business clients to order expensed meals, and it is gearing up for groceries soon. Uber Eats, the company's food-delivery service, is active in more than 350 markets across dozens of countries. Uber for everythingĪll of those other bets rely on the theory that Uber's platform that now provides taxi rides at the touch of a button (and public transit in one city) can be used for a multitude of other services. Still, Uber is most likely a first choice for many investors thanks not only to its global scale (compared with Lyft's North America focus) but to its other pursuits including food delivery, self-driving cars, and flying taxis. ![]() "The primary issue is around the underlying metrics that Uber will discuss around take rates, ride sharing data, driver ecosystem, and a myriad of other metrics relative to Lyft which may put the company in a more negative light," Daniel Ives, an analyst at Wedbush, said in a note to clients Thursday. Account icon An icon in the shape of a person's head and shoulders. ![]()
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