U.S. Economy Continues Growth
The for-hire trucking industry added 2,300 jobs in July on a seasonally adjusted basis, according to the monthly employment report released Aug. 1 by the Department of Labor’s Bureau of Labor Statistics. The trucking industry has seen solid job growth as well as the United States in 2014.
The United States economy added 209,000 non-farm jobs in July, BLS reports, but the national unemployment rate rose a tenth of a percent to 6.2 percent. Last month’s 6.1 percent was the lowest the unemployment rate had been since September 2008. However, the U.S. economy has now seen six straight months of strong job gains. This is an excellent sign that the economy is stable and growing despite recent falls in stocks.