Trucking loses another 3,600 jobs - Truckers' Trucking Forum

rookietrucker · **^ Top** #1 10.02.2009

Jobless rate hits 9.8%; trucking loses another 3,600 jobs

Quote:

WASHINGTON — The trucking industry lost another 3,600 jobs in September as the U.S. unemployment rate rose to 9.8 percent in September, a month in which employers cut far more jobs than expected. It's evidence that the longest recession since the 1930s is still inflicting widespread pain.

The Labor Department said Friday that the economy lost a net total of 263,000 jobs last month, up from a downwardly revised 201,000 in August. That's above Wall Street economists' expectations of 180,000 job losses, according to a survey by Thomson Reuters.

The unemployment rate rose from 9.7 percent in August, matching expectations.

If laid-off workers who have settled for part-time work or have given up looking for new jobs are included, the unemployment rate rose to 17 percent, the highest on records dating from 1994.

More than a half-million unemployed people gave up looking for work last month. Had they continued searching, the official jobless rate would have been higher.

All told, 15.1 million Americans are now out of work, the department said. And more than 7.1 million jobs have been eliminated since the recession began in December 2007.

more here>> Jobless rate hits 9.8%; trucking loses another 3,600 jobs

KCGuy · **^ Top** #2 10.02.2009

I am a victim of the economy for about 18 months and looking at becoming a trucker to make a living if I can get hired. The sad part of this for everyone is that trucking companies probably let experienced truckers go and hire new drivers to save money. Having been a senior manager sometimes doing that is counter productive and actually costs more money when you consider all of the costs and having an inexperienced driver.

chief · **^ Top** #3 10.02.2009

maybe you know more about running a trucking company than the owners?

ChromeDome · **^ Top** #4 10.02.2009

I have been laid off since June first.
I was not looking for work at first, planning to go back to my company when freight picked up. It has been 4 months now, freight is not up. So I am looking.
Not many decent company's are hiring in my area though, so I will go for a company that can keep me rolling till the economy recovers some.
I don't like it. I never planned to go to another big company. But I am finalizing paperwork now, and probably headed to orientation a week from Monday at a large carrier.
Nope. I am not a happy man.

jtrnr1951 · **^ Top** #5 10.03.2009

I'll sit at home and eat dirt before I'll work for a mega-carrier. Especially now with the crummy miles, you're lucky to break even. Nope, no way, NOT gonna happen. But I am happy..and will eventually find a GOOD job. Good Luck to you all !!

Saint Scott · **^ Top** #6 10.03.2009

Hopefully you guy's will find another occupation. It's going too take some time for the economy to change for the better.

Good Luck

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