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.


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.
Payrolls increased by 142,000 people, the smallest gain in six months. This is compared with a 209,000 increase in July and an average monthly gain of 212,000 over the past year.
Despite the smaller gain in August, this pushed the nation’s unemployment rate down a tenth of a percent from July to 6.1%. Over the past year the unemployment rate has dropped by 1.1 percentage points. However, the decline in the rate appears to be due to a drop in the number of people working or trying to find work, with the labor force participation rate falling to its lowest level since the late 1970’s
In trucking, 800 jobs were lost in the for-hire sector during August, while in the wider transportation and warehousing business a total of 1,200 jobs were added.
Overall, businesses added 134,000 jobs in August, according to the Labor Department, while government added 8,000. This compares to a report released Thursday by payroll processor ADP showing private sector employment for the month rose by 204,000 jobs.
Total employment gains for July and June were downwardly revised by a combined 28,000, according to the Labor Department. It said the 212,000 new jobs were created in July, up slightly from a preliminary increase of 209,000. June's pickup was reduced to 267,000 from 298,000, still the second highest increase of the year.
"After six consecutive 200,000 plus nonfarm payrolls reports, this morning’s report was a hard pill to swallow," said Lindsey Piegza, cheif economist at the investment firm Sterne Agee. "Even with growing optimism of a near-term boom, it is clear the economy still has lingering barriers to overcome, particularly when it comes to still-lackluster wage growth. Despite strong headline job creation, it has not been enough to translate into upward momentum in wages as employers continue to rely on temporary, flexible, and low-cost labor."
More Fleet Management

What Geotab's New AI Connector Means for Fleets
Fleets can now ask their usual AI assistants questions about maintenance, safety, fuel use, and vehicle performance, using their live Geotab data, and take action on the answers without leaving their preferred AI tool.
Read More →
New C.H. Robinson Tool Opens Door to More Predictable Freight
BidBoardX lets carriers search, bid on, and secure committed freight opportunities through a single digital marketplace.
Read More →
New York City's Microhub Project is Delivering Results
Trucking, last-mile delivery companies, and environmental advocates like what they are seeing so far with New York's microhub program.
Read More →
Why Truck Detention Keeps Costing Fleets Time and Money
A 2024 ATRI study found detention affects nearly 40% of truckload stops and costs the industry more than $15 billion annually. Despite the toll on drivers, fleets, and supply chains, the problem remains stubbornly persistent.
Read More →
Time is Running Out to Apply for Exclusive HDT Event
Heavy Duty Trucking Exchange brings fleet managers and suppliers together for the deeper conversations that lead to ideas, partnerships, and solutions. Time is running out to apply for the September event.
Read More →
Amazon Launches Less-Than-Truckload Freight Offering for All Businesses
This launch is the latest addition to Amazon Supply Chain Services, a portfolio of supply chain capabilities from Amazon, including freight, distribution, fulfillment, and parcel shipping.
Read More →
Import Cargo Volume to See Year-Over-Year Gain Again in June, Then Remain Below 2025 Levels Into Fall
After July, the report predicts a weakening in import volume as consumer uncertainty remains high and the impact of increasing inflation takes its toll.
Read More →
AUCTION OF EQUITY INTEREST IN HEAVY HAUL TRUCKING COMPANY!!
Mark your calendar: June 30, 2026 (10:00 a.m. PDT). A 37.5% ownership interest in MagnaTrans, LLC, a California limited liability company doing business as Magna Transportation Group, will be sold in an in-person and online auction to the highest bidder or bidders under Article 9 of the Uniform Commercial Code. The Rancho Cucamonga-based heavy haul and over-dimensional trucking company operates across California, Oregon, and Arizona.
Read More →
Volvo Trucks Adds Unattended Over-the-Air Software Update Capabilities
The latest evolution of Volvo’s over-the-air update technology allows software updates to run while trucks are parked, helping fleets keep vehicles current without disrupting operations.
Read More →How Waste Connections is Using Data, Telematics, and AI
How do you manage and maintain more than 18,000 connected trucks? Data. Lots of it.
Read More →

