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Trucking Industry Job Losses Slow Amid Growth Surge

1/14/2025

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Summary

Story summary

In 2024, the trucking industry faced significant job losses, shedding thousands of positions. However, a glimmer of hope emerged in December with only 800 jobs lost. Overall, the sector gained nearly 10,000 jobs, fueled by growth in air transport and warehousing. The unemployment rate fell to 4.1%, and average weekly earnings climbed to $1,180.38.

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Story summary

In 2024, the trucking industry faced significant job losses, shedding thousands of positions. However, a glimmer of hope emerged in December with only 800 jobs lost. Overall, the sector gained nearly 10,000 jobs, fueled by growth in air transport and warehousing. The unemployment rate fell to 4.1%, and average weekly earnings climbed to $1,180.38.