Employment Trends in Transportation and Warehousing
The transportation and warehousing sector is in the middle of a volatile period. After adding 16,900 jobs in May, the sector turned around and lost 6,900 the next month. The warehousing subsector has been a drag for months, but now the transportation sector is faltering as well. In June, the warehousing sector lost 6,900 jobs. The subsector peaked in June 2022 and has continuously lost footing ever since. Certain transportation subsectors, like rail, are slowing as well now, losing 200 jobs in June. The air and transit subsectors have slowed some but have continued to add jobs – gaining 3,200 and 2,100 jobs, respectively.
Enjoying this report?
Download to continue reading
