
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 in July while the unemployment rate remained unchanged.
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.


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 in July while the unemployment rate remained unchanged.
In the for-hire trucking sector there were 2,800 job gains in July from June, putting its total employment number at more than 1.46 million, its highest level in more than eight years. Meantime, the wider transportation and warehousing sector recorded an increase of 14,400 jobs during July.
The overall employment gain was less than June’s improvement of 231,000, but the unemployment rate remained at 5.3%, the lowest in more than seven years. The labor force participation rate, however, was also unchanged, remaining near a four-decade low, according to the U.S. Labor Department on Friday.
The labor force participation rate measures the share of Americans at least 16 years old who are either employed or actively looking for work. A low rate is sometimes seen as a sign that the job situation is so bad that people have simply given up on finding work, but in reality there are many factors in play, from retiring Baby Boomers to a declining rate of women in the workforce to people whose skills no longer match up with current job openings becoming unemployable.
Employment gains for June and May were upwardly revised by a total of 14,000.
The biggest number of overall jobs gains occurred in the retail, health care, professional and technical services and financial activities fields, according to the report.
“At 215,000, the July rise was certainly a disappointment, falling short of expectations,” said Lindsey Piegza, chief economist at Stifel Fixed Income. “However, upward revisions to the previous two months helped compensate for the slower-than-expected pace. Still, following a 260,000 rise in May, payroll growth has slowed now for the second consecutive month, falling further towards 200,000, the bare minimum of expectations for monthly job gains.”
From the perspective of the Federal Reserve, which has indicated it wants to push interest rates higher this year, this morning’s report was hardly suggestive of improvement, she noted.
“At best, committee members can conclude ‘more of the same.’ However, status quo is hardly a step in the right direction, making it difficult for the Fed to justify a near-term rate increase,” Piegza said. “Of course, for those that are blinded by this ‘need’ for a rate increase, regardless of whether or not the economy is ready, well, through rose-colored glasses, this morning’s report looks good enough."

Speaking at the TMC Annual Meeting in Nashville, ATA President Chris Spear said trucking faces mounting pressure from rising fuel prices, geopolitical instability, and uncertainty around trade policy.
Read More →
More than 100,000 new trucking companies enter the industry each year, but regulators manage to audit only a fraction of them. That churn creates opportunities for inexperienced startups — and for “chameleon carriers” that shut down after safety violations and reappear under new identities. Read more from Deborah Lockridge in this commentary.
Read More →
HDTX is an intimate event that connects heavy-duty trucking fleet managers with industry suppliers through small-group discussions, educational sessions, and structured one-on-one meetings.
Read More →
New DAT One feature shows top-paying loads directly on an iPhone’s home screen, helping carriers react faster to spot-market opportunities.
Read More →
Optimal Dynamics says its new Scale platform uses AI agents and optimization to help carriers find and secure freight that improves network balance and profitability.
Read More →
DAT Freight & Analytics data shows tightening flatbed capacity, easing produce markets, and softening van and reefer rates.
Read More →
NACFE's Run on Less - Messy Middle project demonstrates the power of data in helping to guide the future of alternative fuels and powertrains for heavy-duty trucks.
Read More →
A federal court ruling allows New York City’s congestion pricing program to continue, leaving truck tolls in place for fleets delivering into Manhattan.
Read More →
Fontaine Modification has introduced a new customer portal designed to give fleets real-time visibility into the truck modification process, addressing one of the most common questions fleet managers face: “Where’s my truck?”
Read More →
Strong freight rates, rising volumes and tighter capacity push trucking conditions higher, though diesel prices could temper gains in the near term, FTR cautions.
Read More →