Americans show waning interest in driving licence

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The researchers from the University of Michigan found a decrease in the proportion of US citizens who hold driver’s licenses between 2011 and 2014. If you are tempted to say that a new wave of young peoples are no longer interested in driving cars you are wrong. Because it’s not just teenagers. It’s everyone.

Data gathered from the Federal Highway Administration shows decreases across all age groups. Between 20 to 24 year old the interested dropped 3 percent in the last three years from 79.7 percent to 76.7 percent. Among 40-to-44-year-olds, it dropped 2.5 percent over the three years while among 60-to-65-year-olds, it fell 1.6 percent.

Driving licence – Uber and Lyft – The killers

The paper’s authors, Michael Sivak and Brandon Schoettle, didn’t analyze the factors driving the trends. Ride-sharing services like Uber and Lyft might be obvious contributors – certainly General Motors thinks so. The company unveiled Maven, a new ride-sharing brand, and invested $500 million in Lyft only weeks ago.

But another factor might be that a lower percentage of Americans are seeking employment. Even as the unemployment rate has fallen to 5 percent, the percentage of Americans seeking employment has decreased 3.2 percent between 2008 and 2015, according to the Bureau of Labor Statistics’ civilian labor force participation rate.

Americans are also traveling more miles than ever. With a growing economy and cheap gas prices, the number of vehicle miles traveled increased “substantially” in 2015, according to the Federal Highway Administration, reaching an estimated 3.06 trillion miles.

Via | Autoblog

by: Carpower360