Some good economic news is starting to bubble up in the truck driving industry. According to recent numbers trucking jobs decreased in August by the smallest amount in a year. There was still a decline, but to see that the decline is now at the slowest pace in a year is a positive sign. The recent numbers show that some normalization is occurring. Growth would ultimately have been preferred, but this news was also welcomed.
The amount that employment for trucking companies dropped was 0.3 % seasonally adjusted. This information comes from the U.S. Department of Labor’s Bureau of Labor Statistics and was released to the general public on September 4th, 2009.
The job losses of August bring the total number of Truck driving jobs lost so far this year just over 80,000, with a year over year number close to 130,000 jobs lost.
Since the pace of total jobs lost is slowing, this could be sign the we are on the right road to getting a recovery. Certainly we are not out of the woods yet. And having a jobs number that says the industry is still shedding jobs is proof of that. But overall if this is the last job loss number we see for a while, could mean that as freight increases, trucking companies will need to hire once again to keep pace with demand.
Large carriers like CR England and Con-Way have certainly been affected by the slow down. CR England has even continued to recruit and hire drivers through the slow down. Truck driving jobs information can be found at http://www.CREngland.com .
Tags: TruckingJobs
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