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Friday, April 3, 2015

Trucking Loses 6,800 Jobs in March; Unemployment Rate Holds at 5.5%

The trucking industry lost 6,800 jobs in March as overall U.S. payrolls rose by 126,000, and the unemployment rate held at 5.5%, the Labor Department said April 3. The overall rise in U.S. payrolls was the smallest Since December 2013 and well below analysts' forecasts of a 245,000 increase, Bloomberg News reported. "November to February payrolls were white-hot numbers so we may see a much more realistic and sustainable pace," Guy Berger, U.S. economist at RBS Securities Inc. in Stamford, Connecticut, told Bloomberg News.


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