NA Q1 Light Vehicle Sales Rate at 14.1M, -2.7M YoY

US Light Vehicle Sales Q1 2022 Share by Maker – Courtesy NADA April 2022

Ken Zino of AutoInformed.com on NA Q1 Light Vehicle Sales Rate at 14.1M, -2.7M YoY

The unemployment rate in the U.S. transportation sector was 5.1% (not seasonally adjusted) in March 2022 according to Bureau of Labor Statistics (BLS) data recently updated. The March 2022 unemployment rate fell 3.8 percentage points year-over-year from 8.9% in March 2021 and was 0.3 percentage points below the 5.4% of both February 2022 and March 2020 – the month during which the World Health Organization (WHO) declared COVID-19 a pandemic. Unemployment in the transportation sector reached its highest level during the COVID-19 pandemic (15.7%) in May and July 2020 under the Trump mis-administration.

Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *