The BLS' preliminary report indicates a loss of 22,400 jobs in the transportation and warehousing industry in July, nearly double the jobs lost in June. WANTED Technologies' Hiring Demand Indicator (the yellow line in the chart below) for Transportation showed a slight downturn in July, following three consecutive upticks.
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The Transportation Hiring Demand Indicator–a measure of year-over-year change in online job advertising–has risen from a three-year low of -61 percent in March to -41 percent in July. The trend in Hiring Demand in Transportation had been moving steadily downward from a peak it reached in December 2007, at the onset of the recession.
For more charts, graphs and forecasts, visit our BLS Forecast page.
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