Job growth rebounded nicely in June as the economy added 224,000 workers to payrolls during the month. The transportation and logistics sector was one of the many areas of strength in June, led by improved gains among parcel and trucking companies.
Looking at how Canada’s forthcoming mandate might affect the 62,000 trucks that don’t cross the border.
With the passage of time and the context it brings, anyone can point to the moment before markets crashed over the last 100 years and say, “see, the signs were there, how did we not see it?”
Job growth rebounded nicely in March as employers added nearly 200,000 workers to payrolls during the month. This strength in hiring did not translate to the trucking industry however, where payrolls declined for the first time in nearly a year.
Job growth fell well short of expectations in February, as the economy added the fewest workers to payrolls since 2017. Hiring slumped in several industries during the month, but trucking employment increased for the ninth consecutive month.