Trucking industry employment falls for first time in 6 months

user-gravatar
Updated Feb 6, 2017
Checking-load-board-in-driver-seat
Buchs at work assessing not his next load, but the one after that, at the unload location in Moline, Ill.

The for-hire trucking industry’s total employment fell by 1,400 jobs in January, according to the Department of Labor’s monthly employment report.

The DOL also downwardly revised December’s trucking employment total, showing about 5,000 fewer jobs than previously reported for December. Still, industry employment grew every month in the second half of 2016, the DOL reports.

The U.S. economy as a whole in January added 227,000 jobs, and the country’s unemployment rate fell slightly to 4.8 percent.

Trucking industry employment totaled 1.4625 million, up from last January’s 1.4554 million.

The broader transportation and warehousing sector lost 4,000 jobs in the month, per the DOL, but the even broader trade, transportation and utilities sector grew by 44,000 jobs.

The manufacturing sector added 5,000 jobs in January, while construction jumped by 36,000 jobs.

The Business Manual for Owner-Operators
Overdrive editors and ATBS present the industry’s best manual for prospective and committed owner-operators. You’ll find exceptional depth on many issues in the 2021 edition of Partners in Business.
Download
Partners in Business Issue Cover