US Transportation Unemployment Below Pre-Pandemic Rate

US Transportation Unemployment Below Pre-Pandemic Rate – August 2022 Courtesy of a Bureau of Transportation

Ken Zino of AutoInformed.com on US Transportation Unemployment Below Pre-Pandemic Rate

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The August 2022 rate fell 1.8 percentage points from 6.4% in August 2021 and was below the pre-pandemic August level of 4.8% in August 2019. Unemployment in the transportation sector reached its highest level – an all-time high -during the COVID-19 pandemic (15.7%) in May 2020 and July 2020 under the Trump Administration.

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