Trucking industry adds 400 jobs in October as economy gains 200k

| November 08, 2013

OCT-jobs-500x359Four-hundred new payroll jobs were added in the trucking industry in the month of October, according to preliminary numbers released Nov. 7 by the Bureau of Labor Statistics. 

The for-hire industry has seen little gain in overall employment since April, according to BLS data. 

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Also in October, the U.S. economy as a whole added 204,000 jobs, but the unemployment rate dropped from 7.2 percent to 7.3 percent, due in part to the October partial government shutdown. Also, August and September numbers were upwardly revised by 60,000 jobs. 

The for-hire trucking industry now has 1.3849 million payroll jobs — up 22,000 (1.6 percent) from the same month in 2012. Trucking employment is up 150,900 jobs (12.2 percent) since March 2010′s bottom, but is down 68,500 jobs (4.7 percent) from January 2007′s high. 

The BLS data only reflects the number of payroll employees and due to high turnover rate in trucking may overstate the number of job positions. It also does not reflect any employment in private trucking fleets. 

  • BunniRabbyt

    Political garbage, 400 new payroll jobs big deal compared that there might have been 1600 owner operators went out of business or retired those stats are never put into the equation. Just political garbage. Should not even put it into print

  • John Scott

    Lot of it was seasonal and low wage jobs. The unemployment rate went up because even more people stopped looking for work. Its never a good thing to see a spike in jobs and a rise in unemployment.

  • John Scott

    Liberal media looks for any reason to cheer. Especially these days. Stock market was happy because unemployment went up making the Federal reserve keep printing money. Who has Obama helped? The very wealthy.

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