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.
Employers added 175,000 jobs in February, better than the previous two months, according to new U.S. Labor Department figures.
Despite this the nation’s unemployment rate rose by 0.1 percentage point to 6.7% from a five-year low in January, as more people are attempting to reenter the workforce. Over the past year the number of unemployed has fallen by 1.6 million people, while the rate has fallen one percentage point.
In January 129,000 jobs were added while job additions totaled 84,000 in December, far short of what many analysts were expecting. February’s job additions was better than many analysts were forecasting, however, many also predicted the unemployment rate would also move lower.
For-hire trucking employment during February was unchanged from January’s level while the wider transportation and warehouse category saw the number of jobs drop by 3,600.
The number of for-hire trucking jobs added in January was revised downward to a gain of 2,600 from a first reported increase of 3,200. Compared to a year ago for-hire trucking has added 15,400 jobs compared to the same time a year ago.
The report follows a separate one, released two days earlier, showing private employers added 139,000 jobs from January to February.
“There was much anticipation earlier in the month, looking to February's report to be the proverbial tie breaker between the strength of October and November, and the weakness in December and January. But as cold winter weather carried through most of the month, we won't get a ‘clean’ data report now until March,” said Lindsey Piegza, chief economist at the investment firm Sterne Agee.
“With that in mind, we are still not convinced that the slowdown in employment was entirely the work of Mother Nature. After all, the trend in employment had been declining months ahead of the winter weather,” she said.
More Fleet Management

Kodiak Lines Up Fleets for Driverless Trucking
An agreement for 75 trucks, a new Texas freight lane, and progress on safety validation move Kodiak closer to its planned driverless highway launch.
Read More →
ITS Logistics Settles Religious Harassment Case
The Nevada-based logistics firm agreed to pay more than $396,000 to settle a religious harassment charge involving an employee's Jewish identity.
Read More →
Your Trucks Are Busy. That Doesn’t Mean They’re Winning.
High utilization doesn’t always mean strong margins. Looking beyond the current load can help fleets make better dispatch decisions and get more value from each truck’s time.
Read More →
Why This Trucking Recovery Is Different
Freight demand remains sluggish, but rising costs and tougher enforcement have taken enough capacity out of the market to change the outlook for motor carriers.
Read More →
Platform Science Adds Dispatch and Safety Tools
Four additions to PS Fleet help fleets monitor loads, manage driver coaching, share truck locations and adjust video system settings.
Read More →
PrePass Intelligence Mines Fleet Bypass, Toll and Safety Data
PrePass Intelligence helps fleets measure bypass savings, flag potential toll overcharges, and spot suspicious transactions by combining data from separate systems.
Read More →
Motive Adds AI Agents for Fleet Operations
New tools automate follow-up on fleet data, from maintenance work orders to driver alerts, with two-way voice conversations planned for later this year.
Read More →Can You Beat Our Trucking Trivia Challenge?
Test your truck knowledge with 19 trivia questions from Heavy Duty Trucking Exchange. Can you keep up with the fleet pros?
Read More →
BeyondTrucks Adds Rules Checks to Dispatch
New Compatibility Engine checks driver qualifications, equipment requirements and fleet policies before loads are dispatched.
Read More →
Diesel Prices Hijack Trucking’s Worry List
ATRI’s annual survey finds cautious optimism about freight, but diesel costs, litigation, and insurance continue to squeeze fleets. Drivers have different priorities on several issues.
Read More →
