Trucking employment slumped in April

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Updated May 8, 2018

CCJ‘s Indicators rounds up the latest reports on trucking business indicators on rates, freight, equipment, the economy and more.

The for-hire trucking industry dropped 5,500 jobs in April, according to the Department of Labor’s monthly Employment Situation Report. That’s the industry’s first month-to-month employment dip since August.

For-hire trucking industry employment totaled 1.4708 million jobs in April, the DOL reported — nearly 17,000 more jobs than the same month last year.

The economy as a whole added 164,000 jobs on a seasonally adjusted basis in April, and the country’s unemployment rate fell to 3.9 percent.

The construction industry added 17,000 jobs in April, and the manufacturing segment gained 24,000 jobs. The transportation and warehousing sector, which encompasses trucking, added just 400 jobs in the month.

Trucking’s total is based on payroll statistics of employers and does not account for those who change jobs in the month or for those working for private fleets.