Transportation Jobs Rise 2 Percent in October
Rail, trucking industries lead year-over-year gains in transportation employment
Transportation employment increased more than 2 percent year-over-year in October, with rail employment up 3.8 percent and trucking up 2.9 percent.
The annualized increases in transportation employment came as the U.S. economy added 80,000 jobs in October, the Bureau of Labor Statistics reported Friday.
Transportation industries added about 16,500 employees in October, the seasonally adjusted BLS data indicate, a big increase over the 2,500 jobs added in September. Over the past year, payroll employment has increased an average of 125,000 jobs a month, but the national unemployment rate remains 9 percent, the BLS said.
Read the rest of the article on The Journal of Commerce website
