December 2024 U.S. Transportation Sector Unemployment (4.3%) Was the Same As the December 2023 Level (4.3%) And Above the Pre-Pandemic December 2019 Level (2.8%)Friday, January 10, 2025
The unemployment rate in the U.S. transportation sector was 4.3% (not seasonally adjusted) in December 2024 according to Bureau of Labor Statistics (BLS). These data have been updated on the Bureau of Transportation Statistics' (BTS) Unemployment in Transportation dashboard. In December 2024, the transportation sector unemployment rate remained unchanged from 4.3% in December 2023 and was above the pre-pandemic December 2019 level of 2.8%. Unemployment in the transportation sector reached its highest level during the COVID-19 pandemic (15.7%) in May 2020 and July 2020. Unemployment in the transportation sector was higher than overall unemployment. BLS reports that the U.S. unemployment rate, not seasonally adjusted, in December 2024 was 3.8% or 0.5 percentage points below the transportation sector rate. Seasonally adjusted, the U.S. unemployment rate in December 2024 was 4.1%.
Seasonally adjusted, employment in the transportation and warehousing sector rose to 6,630,200 in December 2024 — up 0.1% from the previous month and up 1.7% from December 2023. Employment in transportation and warehousing grew 15.1% in December 2024 from the pre-pandemic December 2019 level of 5,760,300. By mode (seasonally adjusted):
Monthly Employment in the Transportation and Warehousing Sector, Establishment Data
Monthly Employment in the Transportation and Warehousing Sector by Race and Hispanic or Latino Ethnicity, Household Data Visit Transportation Economic Trends for more topics. The unemployment rate is the total number of unemployed persons, expressed as a percentage of the civilian labor force. The civilian labor force includes all persons aged 16 and older who are employed and unemployed; meaning they are either currently working or actively looking for work. Unemployed persons include those who actively sought a job within the last four weeks. People waiting to start a new job who have not actively sought a job in the last four weeks are not counted as employed or unemployed; they are considered to be out of the labor force. An unemployed person's industry is the industry for the last job they held in the workforce, which may or may not reflect their current job search field or industry. To receive updates from BTS directly to your email, please consider subscribing to our GovDelivery service. |
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