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October 16, 2014 - Industry News

Economic Watch: Industrial Production Jumps, Jobless Claims Plummet

Photo: Evan Lockridge

Industrial production in the U.S. increased 1% in September, the biggest gain in nearly two years, and advanced at an annual rate of 3.2% in the third quarter of 2014. Manufacturing production was up for the quarter, led by mining, while last week's unemployment claims dropped.

Tags: Economy, Unemployment, Industrial Production, Federal Reserve

October 6, 2014 - Industry News

Economic Watch: Unemployment Falls; Manufacturing, Construction Slows

Both the trucking industry and the overall economy added jobs in September, pushing the unemployment rate down below 6% for the first time since July 2008 and hitting its lowest level in six years.

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

September 5, 2014 - Industry News

Economic Watch: Unemployment Falls, Trucking Sheds Jobs

New U.S. Labor Department figures released Friday show more jobs were added in August, but the increase failed to continue the pace of more than 200,000 jobs that had been added each of the previous six months.

Tags: Economy, Unemployment, Employment

August 7, 2014 - Industry News

Economic Watch: Jobless Benefit Claims Sink to 2006 Low

First time jobless claims over the last month in the U.S. fell to its lowest level since February 2006, well before the Great Recession.

Tags: Economy, Unemployment

August 1, 2014 - Industry News

Economic Watch: Trucking Adds to U.S. Job Growth, Manufacturing Surges

The number of jobs created in the U.S. posted its sixth straight month of being above the 200,000 mark in July but the number was softer than the previous month’s level.

Tags: Economy, Unemployment, Manufacturing, Employment

July 30, 2014 - Industry News

Economic Watch: GDP Surges, July Employment Gains

The U.S. economy surged in the second quarter of the year, bouncing back from its worst performance in five years, according to new U.S. Commerce Department figures.

Tags: Economy, GDP, Unemployment, Employment

July 3, 2014 - Industry News

Economic Watch: Employment Numbers Signal Strengthening Economy

Employers added 288,000 jobs in June, 17,000 of them in the transportation and warehousing arena, and the unemployment rate fell to 6.1%. That's well above the rate of hiring in the first five months of the year, a sign the economy continues to rebound.

Tags: Economy, Unemployment

May 29, 2014 - Industry News

Economic Watch: First Quarter GDP Falls 1%, Jobless Claims Hit 2007 Level

UPDATED -- The broadest measure of American economic health shows it throttled back in the first quarter of the year, according to the U.S. Commerce Department.

Tags: Economy, GDP, Unemployment, Employment

May 2, 2014 - Industry News

Economic Watch: Unemployment Lowest in More Than Five Years; Factory Shipments, Auto Sales Up

UPDATED -- Numbers released Friday by the U.S. Labor Department show 288,000 jobs were added, the most since January 2012, with the unemployment rate falling to 6.3% from 6.7% in March.

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

April 10, 2014 - Industry News

Economic Watch: First Time Jobless Benefit Claims Plummet

The number of Americans filing first-time jobless claims in the U.S. for the week ending April 5 posted its largest weekly decline since December 2012 with the lowest level of claims hit since March 2007.

Tags: Economy, Unemployment, Employment, Federal Reserve

March 7, 2014 - Industry News

Economic Watch: 175,000 Jobs Added in February, None for Trucking

Employers added 175,000 jobs in February, better than the previous two months, according to new U.S. Labor Department figures.

Tags: Economy, Unemployment, Employment

February 7, 2014 - Industry News

Economic Watch: Unemployment Falls, Retail Sales to Head Higher

UPDATED -- Unemployment in the U.S. continues moving lower, but job growth is also weakening, according to new U.S. Labor Department figures.

Tags: Economy, Unemployment, Retail Sales

January 10, 2014 - Industry News

Economic Watch: Unemployment Down but Job Growth Weak

While new figures show the nation’s unemployment rate has fallen to its lowest level since October 2008, job growth in December was the slowest in nearly three years.

Tags: Economy, Unemployment

January 9, 2014 - Industry News

Economic Watch: 2013 Job Cuts Lowest Since 1997

2013 planned jobs cuts versus those in 2012. Graphic: Challenger, Gray & Christmas

Announced job cuts fell to the lowest level of the year in December as U.S.-based employers reported plans to reduce payrolls by 30,623 during the month, representing a 32% decline from a November total of 45,314, according to a new report by the global outplacement consultancy Challenger, Gray & Christmas.

Tags: Economy, Unemployment

December 6, 2013 - Industry News

Economic Watch: Unemployment Hits Five-Year Low, Consumer Spending Up

Unemployment moved down in November to its lowest level in five years and with it trucking added the most jobs in several months.

Tags: Economy, Unemployment, Consumer Spending

November 8, 2013 - Industry News

Economic Watch: Strong October Job Growth, Consumer Spending Edge Higher

UPDATED -- A new U.S. Labor Department report shows there was a net gain of 204,000 jobs in the country during October, far more than economists were predicting, while trucking added just a few jobs.

Tags: Economy, Unemployment, Consumer Spending

October 22, 2013 - Industry News

Economic Watch: Unemployment Dips Overall and for Trucking

The nation’s unemployment rate continues moving lower inch-by-inch, hitting a five-year low, according to the U.S. Labor Department. It fell to 7.2% in September compared to 7.3% in August.

Tags: Drivers, Economy, Fleets, Unemployment

September 6, 2013 - Industry News

Economic Watch: Overall Unemployment Slips, Trucking No Gains

While unemployment in the U.S. fell in August, the trucking industry added no jobs, and the number of jobs added the month before was revised sharply lower, according to the U.S. Labor Department.

Tags: Economy, Unemployment

May 3, 2013 - Industry News

Big Job Gains in April, Reports U.S. Labor Department

Job creation overall in the United States as well as in trucking both posted solid gains in April according to a new report, leading to a surge on Wall Street as well as an increase in the price of oil.

Tags: Economy, Unemployment

April 5, 2013 - Industry News

Overall Job Growth Slows in March, Trucking Jobs Fall

Job growth in the United State stumbled in March, according to a report released Friday morning. Employers added a total of only 88,000 jobs, according to the U.S. Labor Department, about half the number many analysts were expecting.

Tags: Economy, Unemployment

March 11, 2013 - Industry News

Unemployment Drops to Four-Year Low, Trucking Adds Jobs

The nation’s unemployment rate fell slightly in February according to the U.S. Labor Department.

Tags: Unemployment, Transportation hires

February 4, 2013 - Industry News

U.S. Factory Orders Rise, Following Lackluster Report on GDP

Factory orders in December offered better economic news than last week's GDP numbers, though not as good as analysts were expecting.

Tags: Economy, GDP, Factor Orders, Unemployment

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