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3 Million Drop in Unemployment Coincides with 3 Million New Gig Drivers per BLS Data

3 Million Drop in Unemployment Coincides with 3 Million New Gig Drivers per BLS Data

Speedwagon Foundation
Speedwagon Foundation January 5, 2026

We are being told the economy is fine. We are told unemployment is low. But look at your bank account. Look at the layoffs. Something is broken.

Here is the reality. The unemployment numbers are a lie. They are being propped up by a massive, invisible shift. People are not finding jobs. They are deleting the "Unemployed" app and downloading the "Uber Driver" app. And the companies know it.

What is Happening To Us?

The gig economy was pitched as "freedom." It was supposed to be side cash. Beer money. But the data shows a different story. It has become a parking lot for the unemployed.

  • The Unemployment Trick: Over the last 5 years, formal unemployment dropped by 3 million people.
  • The Gig Surge: In that exact same time, the number of Uber drivers increased by 3 million people.
  • The Correlation: This is not a coincidence. This is a migration.
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/3:33

We are replacing careers with gigs. We are trading benefits for "flexibility." And the corporations are squeezing every drop of value out of this new desperate workforce.

They have you trapped in a triangle. The Driver. The Restaurant. The Customer. Uber sits in the middle. They take money from all three. And they pay out as little as possible.

Table 1: The Expectation vs. The Reality

Gig Economy

Expectation vs Reality
// INDEX
The Corporate Pitch
The Clown World Reality
Flexibility
"Be your own boss. Work when you want."
You work when the algorithm tells you to surge.
Pay
"Earn up to $35/hr driving your car."
You earn $5/hr after gas and depreciation.
Status
"Independent Contractor."
Unemployed worker with zero benefits.
Technology
"Connecting people with food."
A middleman taxing a transaction that didn't need one.

The Data

You think I am being cynical? Look at the spread. In the early days, VC money subsidized your burrito. Now, the VCs want their money back. They are taking it from the driver.

Table 2: The Data (The $64 Ride Example)

The $64 Ride

Where the Money Goes
// METRIC
Amount
Who Gets It?
Total Price
$63.95
You pay this.
Platform Fees
$28.52
Uber/Lyft takes this.
Driver Pay
$12.43
The human doing the work gets this.
Expenses
-$4.00
Gas, wear, tear (Estimated).
Real Wage
~$8.00/hr
Poverty wages.

Cooked or Cooking?

This business model is not sustainable. It relies on an endless stream of desperate people. And guess what? The economy is providing them. But there is an endgame. Automation.

Uber does not want drivers. They want robots. They are bleeding you dry until they can replace you with a Waymo.

Table 3: The "S-Tier" vs. "F-Tier" Verdict

The Verdict

S-Tier vs F-Tier
// RANK
Player
The Reality
S-Tier (God Mode)
Uber Executives
They collect fees on transactions they don't touch. They use inflation to hike prices and desperation to lower wages.
A-Tier
Early Investors
They cashed out during the blitzscaling phase before the subsidies ended.
F-Tier (Garbage)
The Driver
You take all the risk. You destroy your car. You get paid less than minimum wage.
F-Tier (Garbage)
The Customer
You pay $50 for a cold burger that used to cost $15.

The Solution

Here is the Alpha. Do not play their game.

  1. Stop Driving: You are borrowing money from the future value of your car. It is a bad loan.
  2. Stop Ordering: The fees are a tax on laziness. Go pick up the food.
  3. Own the Equity: If you must participate, own the stock. Do not be the labor. The labor is the liquidity. The equity is the exit.

4. Market Updates (December 2025)

The situation is accelerating. I went digging for the latest news. It is worse than I thought.

  • DoorDash Crashes on "Robot" Spending (Nov 2025)
DoorDash, Inc. (DASH) Stock Price, News, Quote & History - Yahoo Finance
Find the latest DoorDash, Inc. (DASH) stock quote, history, news and other vital information to help you with your stock trading and investing.
    • Headline: DoorDash stock sinks as company misses earnings (CNBC)
    • The Take: DoorDash missed earnings and immediately announced "hundreds of millions" in spending for 2026 tech. They are pivoting to automation because they know the driver model is breaking. Bearish on drivers. Bullish on their desperation.
Trump Team Uses DoorDash Data as Economic Indicator
Members of Donald Trump’s team are arguing that lower costs for breakfast indicate an improving economy.
  • Goldman Sachs Predicts The Crash (Nov 2025)
    • Headline: Goldman Sachs: Over 1.1 Million Layoffs in 2025 Push 15% of 'Unemployed' into Gig Work (Reddit/Goldman Report)
    • The Take: This confirms the thesis. Layoffs create drivers. More drivers mean lower wages. It is a race to the bottom.
  • Labor Department Gives Up (May 2025)
    • Headline: DOL Won't Enforce 2024 Independent Contractor Rule (Jackson Lewis)
    • The Take: The government blinked. They stopped enforcing the rule that would make drivers employees. This is a green light for Uber to exploit "contractors" forever. S-Tier for the stock. F-Tier for the worker.

This is the reality. The gig economy is not the future of work. It is the future of serfdom.

Don't get trapped.

MISSION COMPLETE

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