Employment in trucking continues to grow strongly in July
Jobs in trucking continued to rise steadily in July, according to data from the Bureau of Labor Statistics, with the unadjusted seasonally adjusted number again increasing at a faster rate than the seasonally adjusted number.
Economists generally view seasonally adjusted data as more indicative of trends, as they seek to smooth out short-term anomalies in reported numbers.
Seasonally adjusted jobs in truck transport increased by 3,400 jobs in July from June, to 1,491,800 jobs, according to BLS data released Friday morning. But June’s figure has been revised up to nearly 2,000 jobs, so the seasonally adjusted figure is now 5,300 jobs higher than the original June figure released a month ago.
With May also being revised a second time, it shows July jobs at 9,800 more than the number of trucking jobs in May.
The unadjusted jobs for July increased by a more impressive 9,700 jobs to 1,512,800 jobs, a difference of 21,000 jobs between the unadjusted number and the seasonally adjusted number. The unadjusted total from a revised May figure is now a solid 33,600 jobs over two months ago.
Other data showed strong hiring trends in logistics. Seasonally adjusted warehousing and warehousing workers increased by more than 10,000 jobs to 1,441,800 jobs, with a slightly smaller gain posted for unadjusted warehousing jobs in this area.
Courier jobs climbed to 1,006,400 on a seasonal basis, up 8,100 jobs from the previous month.
FreightWaves will cover more of this story later on Friday.
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