The Trucking Industry Adds 2,600 Jobs
According to the Bureau of Labor Statistics, the trucking industry added 2,600 new jobs in September. The numbers on the newly hired payroll employees were released by the BLS on October 7. They also revised their estimates for the months previous to September. July and August were reportedly over estimated by 800 jobs so the BLS made the correction. Over estimation aside the jump in jobs is great for the industry and is keeping pace with reports from earlier this year. Reports in February were calling for a possible increase of up to 300,000 new jobs in the trucking industry! These estimations were based on the driver shortage problems the industry was faced with in the beginning of the year.
Compared to September of last year, trucking employment in general is up by 42,200, or 34%. Payroll employment alone is up by 28,400 jobs (2.3%) this year and by 57,100 jobs (4.7%), since the bottom of trucking employment in March 2010. However, the numbers posted by the BLS do not include trucking related jobs that exist in other industries or replacements for existing positions. The latest numbers are only referring to new jobs in the industry so they are not a complete measure of the total amount of hiring. Even taking just new hire numbers, they are still impressive. The U.S. economy added 103,000 new jobs last month and unemployment stayed constant so these numbers are a good sign for those in the trucking, service, and telecommunications industries. The three industries combined are to add about 130,000 new jobs.
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