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

Rising gas prices, now at 21-month highs, are putting significant financial pressure on gig workers in the United States. This increase in fuel costs negatively impacts their earnings, particularly those in delivery and rideshare services. As a result, we may see a shift in gig workers' demand for work or their choice of platforms. Companies that rely heavily on gig workers, such as Uber, Lyft, and DoorDash, could face challenges if this trend continues. The overall sentiment is bearish for affected gig economy stocks.