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Truckers: October Truck Jobs Match Revised September Count

Illustration of a trucker walking across a terminal lot with parked semis behind him
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Image caption: Illustration: AI-generated illustration, not a photo of the people, vehicles or places in this story. It shows a generic terminal lot.

FreightWaves coverage of the Bureau of Labor Statistics October jobs report says truck transportation employment was 1,471,300, matching a downwardly revised September figure of the same number. In the last 10 years of BLS data cited, it is the first time truck transportation jobs were unchanged month to month after revisions.

September's initial figure had been 1,473,100 before the revision. October sits 1,600 jobs below a year earlier. Warehouse jobs were down just 300 from September in the same report. BLS figures can still be revised again.

Sideways capacity, not a rebound claim

Professor Jason Miller told FreightWaves the flat numbers suggest capacity among reporting establishments is moving sideways rather than clearly expanding.

Last month's brief year-over-year gain disappeared after revisions. September's figure can still be revised one more time before the full-year revisions arrive.

FAQ

Could September or October still change?

Yes. FreightWaves notes further possible revisions before full-year benchmarking.

Are warehouse jobs surging in this report?

No. They were described as barely moved, down 300 from September.

Does the freight market around you feel flat, tighter or looser than last month?

Sources: freightwaves.com.

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Illustration of a trucker walking across a terminal lot with parked semis behind him

Sources