U.S. Transportation Sector Unemployment Rate of 4.6% in August 2022 Was Below the August 2021 Level of 6.4% And Was Just Below the Pre-Pandemic August Level of 4.8% in 2019

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U.S. Transportation Sector Unemployment Rate of 4.6% in August 2022 Was Below the August 2021 Level of 6.4% And Was Just Below the Pre-Pandemic August Level of 4.8% in 2019

 

Friday, September 2, 2022

 

August 2022 Transportation Sector Unemployment Infographic

 

The unemployment rate in the U.S. transportation sector was 4.6% (not seasonally adjusted) in August 2022 according to Bureau of Labor Statistics (BLS) data recently updated on the Bureau of Transportation Statistics (BTS) Unemployment in Transportation dashboard. The August 2022 rate fell 1.8 percentage points from 6.4% in August 2021 and was just below the pre-pandemic August level of 4.8% in August 2019. 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 above overall unemployment. BLS reports that the U.S. unemployment rate, not seasonally adjusted, in August 2022 was 3.8% or 0.8 percentage points below the transportation sector rate. Seasonally adjusted, the U.S. unemployment rate in August 2022 was 3.7%.

 

Line Graph showing Transportation Sector and U.S. Total Unemployment Rate, August 2019 - August 2022

 

In addition to the update of the Unemployment in Transportation dashboard, BTS also released its monthly update to its Employment in Transportation: Total, by Mode, and Women, and Race and Hispanic or Latino Ethnicity of Transportation Workers dashboards.


Charts Updated this Month by Section include:

Unemployment in the Transportation and Warehousing Sector and in Transportation and Material Moving Occupations

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.


Media contact: BTSNews@dot.gov or 1-800-853-1351.