Trucking Job Numbers Steady for May 2021
Tracking the Bureau of Labor Statistics (BLS) job numbers as they update is quite the task. Every month, they not only post preliminary data for the month that has passed, but also update previous months without saying what the prior estimates were, requiring researching back in time. With all of this in mind, from the first estimates in April to the first estimates in May 2021, the trucking industry has leveled out for the time being.
At first, the BLS said that April’s job numbers were 1,480,300. The BLS now says April’s count is 1,481,600, which looks better but makes the jump to May seem larger as well. For May 2021, the BLS pegs the number at 1,479,700. The difference in decrease between the two April numbers is thirteen hundred jobs. Assuming the first numbers for April, 600 is not much of a decrease.
Furthermore, March’s employment has solidified. At 1,481,000 jobs, it had a total decrease of 1,700 from the initial estimate.
With these numbers the trucking industry maintains the numbers it had three years ago, but still is approximately 50,000 employees short of the all-time high in July 2019. Only time will tell how long it takes until we see those numbers again.
Top Trucking Articles of the Past Year
- Congress Considers Side Guards for Trailers
- Truck Parking Bill Makes a Comeback
- Joe Biden’s Infrastructure Plan and How it Impacts Truckers
- CVSA Operation Safe Driver Week Starts July 11th
- Companies and Drivers Split on DRIVE-Safe Act
- Trucking Insurance Bill Reintroduced to Congress
- AB-5 Applies to Trucking, Appeals Court Ruled
- FMCSA Declares Regional Emergency Regarding Fuel
- I-40 Bridge Shut Down Until Further Notice
ABOUT TOPMARK FUNDING
TopMark Funding is a top-rated semi-truck financing and trailer financing company located in Roseville, CA. We specialize in commercial trucking and heavy equipment. Our mission is to become your long-term financial partner by helping you grow your trucking business and fleet.
We’re not here for the short-term, we’re on the long-haul with you!
We have financing options for trailers, semi-trucks, commercial trucks, and small businesses. We have great rates, low down payments, and flexible monthly payments regardless of credit history.
Learn more about Trailer Financing.
Fill out the contact form or give us a call at (866) 627-6644. One of our truck financing specialists will contact you as soon as possible to go over your truck lease needs and learn more about you and your business financing goals.