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Truck Jobs Plummet Amid Yellow Corp. Closure, Warehouse Gains

1/12/2025

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Summary

Story summary

Truck transportation jobs decreased by 800 in December, totaling 1,545,900, with an annual decline of 5,900 jobs.
The sector experienced a loss of 41,000 jobs over two years, primarily due to Yellow Corp.'s closure.
Warehouse employment rose by 2,100 jobs, reaching 1,770,300, marking the first year-over-year gains in two years.
Average hourly pay for truck transportation workers was $30.07 in November.

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Story summary

Truck transportation jobs decreased by 800 in December, totaling 1,545,900, with an annual decline of 5,900 jobs.
The sector experienced a loss of 41,000 jobs over two years, primarily due to Yellow Corp.'s closure.
Warehouse employment rose by 2,100 jobs, reaching 1,770,300, marking the first year-over-year gains in two years.
Average hourly pay for truck transportation workers was $30.07 in November.