For-Hire Trucking Loses Jobs in September, Department of Labor Reports

Total transportation services and warehousing jobs rose in September by 3,500, but for-hire trucking lost 4,000 jobs compared with August, the U.S. Department of Labor reported Oct. 2. Total non-farm payroll employment increased by 142,000 last month. Bloomberg News said the addition of 142,000 jobs followed a revised 136,000 gain the prior month that was lower than previously estimated, a Labor Department report showed Oct. 2. The median forecast in a Bloomberg survey of 96 economists called for a 201,000 advance. The jobless rate held at 5.1%, and wage growth was unchanged.

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