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Truck transportation jobs up year over year for first time since 2023-BLS

Even in a month when truck transportation jobs declined, they now exceed year-ago figures. The post Truck transportation jobs up year over year for first time since 2023-BLS appeared first on FreightWaves.

The article from Yahoo News discusses a significant decline in truck transportation jobs in the U.S. over the first half of 2023, with a loss of 22,000 jobs, marking the largest drop since the financial crisis of 2007-2009. This downturn is attributed to reduced freight demand and economic uncertainty, impacting the sector that had previously seen growth. The job losses are part of a broader trend affecting the transportation and warehousing industry, which lost 18,000 jobs in total during the same period. The article highlights concerns about the sustainability of the trucking industry amidst these challenges and notes that companies are responding by reducing operations and workforce to manage costs.

Read the Full FreightWaves Article at:
https://www.yahoo.com/news/truck-transportation-jobs-over-first-145022362.html