4/6/2012 10:30:00 AM
Write a Letter to the Editor
Transportation Sector Employment Shows Improvement
The U.S. unemployment declined to 8.2% in March â€” the lowest in three years â€” but trucking jobs fell by 1,900, the Labor Department said Friday.
The transportation and warehousing sector, of which trucking is a part, added 2,800 jobs.
The unemployment rate, which fell from 8.3% in February, marked the lowest level since January 2009.
The economy added 120,000 jobs, the fewest in five months, following a revised 240,000 gain in February that was larger than previously reported.
Economists had projected that the unemployment rate would hold at 8.3%, while the jobs gain was short of the 205,000 forecast, Bloomberg said.
The payroll and unemployment figures are obtained by separate surveys, with payrolls from a survey of employers and the unemployment rate from a survey of households.
Follow Transport Topics on RSS Twitter Facebook
Â© 2012, Transport Topics Publishing Group. All rights reserved.
U.S. Employersâ€™ Job Cuts Fall 8.8% in March, Report Says (4/5/2012 9:10:00 AM)
Outlook Positive for Trucking, Manufacturers on Inventory Rebuilding, Economists Say (3/26/2012 2:45:00 AM)
Unemployment Rate Holds at 8.3%; Trucking Adds 10,000 Jobs (3/9/2012 12:00:00 PM)
Congress Drops Tax Break; Incentive Boosted 2011 Sales (2/20/2012 2:30:00 AM)
Opinion: Driver Recruiting Against the Odds (2/6/2012 8:00:00 AM)
Unemployment Rate Declines to 8.3%; Trucking Adds 5,300 Jobs (2/3/2012 2:00:00 PM)