For many workers, participation in the sharing economy as a driver for Uber or Lyft is an

Question:

For many workers, participation in the sharing economy as a driver for Uber or Lyft is an attractive way to earn an income. The cost of driving for Uber includes the opportunity cost of time diverted from working at a regular job. If a regular job pays a salary of $3,000 per month, that’s only part of the opportunity cost. In addition, many regular jobs have fringe benefits such as paid sick leave, vacation days, and subsidized health insurance. Driving for Uber doesn’t generate these fringe benefits, so a worker who switches from a regular job to Uber will sacrifice more than the $3,000 salary.