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
U.S. Department of Transportation sent this bulletin at 09/06/2022 12:23 PM EDT
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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
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%.
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
- Monthly Employment in the Transportation and Warehousing Sector by Mode
- Women Workers in the Transportation and Warehousing Sector
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.