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Trucking Accounted for 3,200 of The 113,000 Jobs Added in January

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Core Tip: Trucking accounted for 3,200 of the 113,000 jobs added in January, and the U.S. unemployment rate fell to a five-year low of 6.6%, the Labor Department reported F

Trucking accounted for 3,200 of the 113,000 jobs added in January, and the U.S. unemployment rate fell to a five-year low of 6.6%, the Labor Department reported Feb. 7.

The job increase was below economists' forecasts of 180,000, and employment gains for December and January were revised upward by a total of 34,000, Bloomberg News reported.

The transportation and warehousing sector, which includes trucking, added 10,000 positions in January, after a similar gain in December that had originally been reported as a small decline.

The trucking industry's 100-jobs gain in December was unrevised.

The unemployment rate is the lowest since October 2008. Analysts had forecast it to hold at 6.7%, Bloomberg reported.

 
Keyword: Transportation
 
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