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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.
Read More →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.
Read More →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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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