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CNBC Top News·2 min read

Gig workers feel pain at the pump as gas prices hit 21-month highs

Gig workers face rising gas prices impacting earnings

As gas prices soar to their highest levels since May 2024, gig workers like rideshare driver Alvaro Bolainez are feeling the financial strain. The average price of unleaded gas has jumped 22% in just one month, forcing many in the gig economy to rethink their driving habits and seek additional income sources to cover rising costs.

Key Takeaways

1.
The average price of unleaded gas has increased by 22% over the last month to $3.59 per gallon.
2.
Gas prices have seen their steepest 10-day spike on record amid geopolitical tensions.

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Gig workers feel pain at the pump as gas prices hit 21-month highs | Trace