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I suspect that as cab driving is seen by some as a "peripheral" job, a bit like bus driving, as more find better-paying jobs, the number in low paying peripheral jobs decreases. what you are left with is those who decide to make cab or bus driving a full-time job, rather than using it as a standby job.
This was pointed out to me by the MD of a rather big London coach company many years ago. during aone of the earlier recessions he had an influx of drivers with PSV licences looking for ful time work. they were in Peripheral jobs, IT consultants, website designers, marketing. Big money for a short period then too many people doing marketing etc. so they drop back to the reserve second job of bus or cab driving. I reckon we're in that situation at the moment. I'm now "past retirement" age and in big demand for bus driving all over the place, turning down work every week for a sensible hourly or daily rate in excess of £20/hour. I don't think I ever got that by being a private hire driver taking all the expenses into account and the amount of dead mileage operating in a rural area.
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