Trucking Industry Continues Record Job Growth
July was a great month for the trucking, jobs in the for-hire trucking industry climbed further into record high territory in July, although most of the month-to-month improvement comes from a substantial downward adjustment to the June total, according to the U.S. Dept. of Labor monthly jobs report.
In July, the trucking industry added 2,800 jobs, increasing the total job count to 1.4587 million, That’s 5,300 more jobs than the record job total that was set back in January 2007, We’ve now see the trucking industry add jobs 4 months in a row.
The U.S. economy added 215,000 jobs and the unemployment rate remained at 5.3%, the lowest rate in seven years. Once again, when we see growth in the trucking industry, it’s often matched by the U.S. economy, July was no different. In the last 65 months, the U.S. economy has added 13 million jobs, which is a current record for job growth in that span.