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Unemployment

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June 2, 2017 - Industry News

Economic Watch: Unemployment Lowest in 16 Years as Trucking Jobs Dip

U.S. job growth continued in May with unemployment hitting its lowest level in 16 years, likely paving the way for the Federal Reserve to hike interest rates again in a couple of weeks.

Tags: Economy, Interest Rates, Unemployment, Employment, Federal Reserve

May 5, 2017 - Industry News

Economic Watch: Unemployment Lowest in a Decade, Factory Orders Move Higher

Unemployment in the U.S. has fallen again, hitting its lowest level in a decade but minus any contribution from trucking in April, according to a new report released Friday. Meanwhile, a separate report shows some improvements in the nation’s struggling manufacturing sector.

Tags: Economy, Interest Rates, GDP, Unemployment, Manufacturing, Employment, Federal Reserve, Gross Domestic Product

April 7, 2017 - Industry News

Economic Watch: Trucking Helps Push Unemployment to Near 10-Year Low

While the number of jobs added in the U.S. slowed dramatically during March, trucking supplied a big part of the gain, according to Labor Department figures released Friday, helping push the unemployment rate down to almost a 10-year low.

Tags: Economy, Unemployment, Employment

March 10, 2017 - Industry News

Economic Watch: Trucking Helps Boost Overall Employment Ahead of Fed Meeting

Job growth in the U.S. posted another healthy gain in February, according to a new Labor Department report, leading many analysts to predict an interest rate hike by the Federal Reserve when it meets next week.

Tags: Economy, Unemployment, Employment

February 3, 2017 - Industry News

Economic Watch: Job Growth Continues as Manufacturing Improves

Employers in the U.S. continue to add people to their payrolls at a healthy pace, and there is mounting evidence that the nation’s manufacturing sector is coming out of the doldrums.

Tags: Economy, Unemployment, Durable Goods, Manufacturing, Construction Spending, Employment

January 6, 2017 - Industry News

Economic Watch: Trucking Continues to Help Employers Add Jobs

The for-hire trucking industry was partly to thank for the 156,000 non-farm jobs additions in the U.S. during December, according to new Labor Department figures. A separate report shows manufacturing remains healthy despite small declines in new orders.

Tags: Economy, Unemployment, Manufacturing, Factory Orders, Employment, Factory Shipments

December 2, 2016 - Industry News

Economic Watch: Unemployment Lowest Since Great Recession

Unemployment in the U.S. continued falling in November, hitting its lowest level since 2007, according to Labor Department figures issued Friday, as the trucking industry also contributed to some of the job additions.

Tags: Economy, Interest Rates, Unemployment, Employment, Federal Reserve

November 4, 2016 - Industry News

Economic Watch: Trucking Helps Boost Overall Employment, Factory Activity Up

Employers continued adding jobs in the U.S. during October, according to a new Labor Department report, and trucking was one of many industries that helped push the number higher.

Tags: Economy, Interest Rates, Unemployment, Factory Orders, Employment, Federal Reserve, Factory Shipments

October 7, 2016 - Industry News

Economic Watch: Trucking Employment Sinks, Manufacturing Gains

Trucking employment in the U.S. slipped in September despite overall non-farm job growth moving higher for the 72nd straight month, according to a new Labor Department report. But other reports indicate manufacturing is regaining some steam, fueling speculation over an interest rate hike.

Tags: Economy, Interest Rates, Unemployment, Manufacturing, Employment, Federal Reserve

September 2, 2016 - Industry News

Economic Watch: Employment Gains Again, Factory Orders Jump

The U.S. economy continued adding more jobs in August but at a slightly slower pace, leading to expectations the Federal Reserve will punt on a possible interest rate hike later this month. A separate report shows factory orders rebounded in the biggest gain in nine months.

Tags: Economy, Interest Rates, Unemployment, Durable Goods, Factory Orders, Employment, Federal Reserve, Factory Shipments

August 31, 2016 - Industry News

Economic Watch: Positive Indicators Prompt Talk of Interest Rate Hike

U.S. private sector employers reported another month of strong job gains on Wednesday, two days ahead of a government report. With increases in consumer confidence, personal spending and wages, it adds up to talk of a hike in interest rates as soon as September.

Tags: Economy, Interest Rates, Unemployment, Consumer Confidence, Consumer Spending, Employment, Federal Reserve

August 5, 2016 - Industry News

Economic Watch: Unemployment Falls, Trade Deficit Jumps

Both trucking and the wider economy added jobs in July, according to new Commerce Department figures, while separate reports show the U.S. trade deficit grew in June to a one-year high and new factory orders fell again.

Tags: Economy, GDP, Unemployment, Factory Orders, Employment, Factory Shipments, Gross Domestic Product

July 8, 2016 - Industry News

Economic Watch: Trucking Left Out of Employment Surge

While U.S. non-farm payrolls swelled by 287,000 jobs in June, the most since October, the number of trucking jobs fell for the fifth straight month, according to a new U.S. Labor Department report.

Tags: Economy, Unemployment, Employment

April 1, 2016 - Industry News

Economic Watch: Employment Jumps, Manufacturing Awakens

The number of jobs added in March grew by another healthy pace, but not in trucking, while the nation’s manufacturing sector ended months of declining factory activity and overall construction fell slightly in February, according to the latest economic reports released Friday.

Tags: Economy, Unemployment, Manufacturing, Construction Spending, Employment

March 4, 2016 - Industry News

Economic Watch: Employment Improves Despite Trucking Losses

Gains in total U.S. employment remain strong, with a new report showing non-farm payrolls increased in February from the month before. A renowned economist said this week the U.S. economic picture is one of the brightest on the world’s economic stage.

Tags: Economy, Unemployment, Employment

March 2, 2016 - Industry News

Economic Watch: Employers Add Another 200,000 Plus Jobs

Employment in the private sector jumped again in February, mainly led by the service industry, while recent weakness in manufacturing translated into a loss of jobs.

Tags: Economy, Unemployment, Employment

February 5, 2016 - Industry News

Economic Watch: Trucking Helps Unemployment Rate Move Lower

While some recent reports have raised questions about the health of the nation’s economy, the latest one shows unemployment has fallen to its lowest level in eight years.

Tags: Economy, Unemployment, Employment

January 8, 2016 - Industry News

Economic Watch: Job Creation Soars, Trucking Employment at Record High

Job creation in the U.S. surged in the final month of 2015, per a Labor Department report released Friday, as for-hire trucking employment hit a new record level.

Tags: Economy, Unemployment, Employment

December 4, 2015 - Industry News

Economic Watch: Trucking Adds to Overall Employment, Factory Activity Mixed

The U.S. economy continued adding jobs in November as trucking employment turned around from the month before, while a separate report on manufacturing was only somewhat positive for the industry.

Tags: Economy, Unemployment, Manufacturing, Factory Orders, Employment, Factory Shipments

November 13, 2015 - Industry News

Economic Watch: Latest Numbers Disappoint, More Uncertainty with Fed

While a recent good unemployment report led some to speculate the Federal Reserve will raise interest rates at year-end, new numbers released Friday remind us there's more to the equation.

Tags: Economy, Retail Sales, Unemployment, Consumer Confidence, Wholesale Prices, Employment, Producer Prices

October 2, 2015 - Industry News

Economic Watch: Employment, Manufacturing Disappoint; Construction Skyrockets

Despite a booming construction sector, the latest reports on jobs and manufacturing have some concerned that the U.S. economy is losing some of its steam.

Tags: Economy, Construction Industry, Unemployment, Manufacturing, Factory Orders, Construction Spending, Employment, Factory Shipments

September 4, 2015 - Industry News

Trucking Gains 700 Jobs, Unemployment Drops to 5.1%

Photo: Schneider National

August employment numbers show a 700-job gain for the trucking industry, while unemployment dropped to its lowest level since April 2008.

Tags: Economy, Unemployment, Employment

August 7, 2015 - Industry News

Economic Watch: Trucking, Overall Employment Improve

As for-hire trucking employment hit its highest level in more than eight years, total non-farm employment in the U.S. increased by 215,000 jobs while the unemployment rate remained unchanged.

Tags: Economy, Unemployment, Employment

July 2, 2015 - Industry News

Unemployment Lowest in 7 Years, Manufacturing Eases

Economic Watch: The nation’s unemployment rate fell 0.2 of a percent point in June to 5.3%, its lowest rate since April 2008, while 7,400 jobs were added in the for-hire trucking sector.

Tags: Economy, Unemployment, Factory Orders, Employment, Factory Shipments

June 5, 2015 - Industry News

Employment Numbers Improve, Including Trucking

The current trucking employment level is close to its pre-recession peak, while nationwide employers added more jobs during May.

Tags: Economy, Unemployment, Employment

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