Trucking jobs report shows another decline in industry employment

user-gravatar Headshot

image (27)The for-hire trucking industry’s total employment fell by 2,400 jobs in May, according to preliminary figures reported June 3 in the Department of Labor’s monthly Employment Situation report.

May’s decline marked the third month so far this year that trucking industry employment has fallen on a month-to-month basis, bucking the trend of the overall U.S. economy’s monthly gains. The U.S. as a whole in May added only 38,000 jobs, but the country’s unemployment rate fell to 4.7 percent, the rate in eight years. The unemployment rate’s decline, however, was due almost entirely to a drop in the number of people looking for jobs, generally a sign of a weakening economy.

Trucking employment in May totaled 1.4604 million, the lowest since last October.

Construction and manufacturing sectors also posted employment losses in the month, despite May generally being a strong month for construction jobs; the construction industry dropped 15,000 jobs in the month, while manufacturing employment fell by 10,000 jobs.

Looking for your next job?
Careersingear.com is the go-to platform for the Trucking industry. Don’t just find the job you need; find the job you want with the company that wants you!
Pride & Polish
Overdrive’s annual Pride & Polish virtual truck show attracts entries from across the nation showcasing show-quality design, mechanical ingenuity and plenty of trucking-business pride. Find recent-history awards shows, in-depth features about the winners, and more.
Read More
Pride & Polish Promo Image