Posted on 11/10/2009 8:45:31 AM PST by NRG1973
Payroll employment among for-hire trucking companies in October dropped 0.6 percent on a seasonally adjusted basis from September levels – slightly more than the decline the month before. Employment is down 9.3 percent from October 2008, according to preliminary figures released Friday, Nov. 6, by the U.S. Department of Labor’s Bureau of Labor Statistics.
With the estimated 7,500 jobs lost in October, the trucking industry has lost more than 91,000 jobs since the end of 2008 – a decline of 6.8 percent. Job cuts since July 2008 – just before the current decline – total 141,400. The BLS numbers reflect all payroll employment in for-hire trucking, but they don’t include trucking-related jobs in other industries, such as a truck driver for a private fleet.
(Excerpt) Read more at etrucker.com ...
My wife works for a moving company. Things are getting very tough out there. One of their best car carriers recently had to quit due to lack of business.
This doesn’t sound like a recovery to me.
Wrong, Christmas items have already shipped.
Truckers still driving are hanging on by a thread. The only silver lining? No problem finding a parking space for the night at truck stops.
If it goes much further, and reaches the tipping point, you better have a way to plant a garden, hunt and otherwise provide food. Your supermarket has ONE DAY’s supply for your area. The trucks stop rolling, you'd best be having some food storage on hand.
I am scared silly that the Marxists are just waiting to swoop down and nationalize the trucking industry. It's one of the main tenets of Marxist take over: control the food supply.
We do NOT WANT any attention on the industry from DC - no ‘help’ no bail outs. Stay away from the trucking industry.
Get out of the way of small business and capitalism and let the economy rebound.
But that's not the blueprint, is it?
I feel bad about this. These are some of the hardest working people in America. This in many ways IS middle America!!
Trucks will only be used for local delivery from the trains.
These layoffs happened during the month of October not at the end of October. I can't believe that all of the Christmas merchandise was delivered by Oct 1st. If so, then the quantity of Christmas merchandise is down significantly...and thats a bad omen for the Christmas shopping season.
I do believe that it is already been reported that the Chinese volume for the year is way, way, way , down, they try to ship by mid summer.
If you were a purchaser for a big retail company how much would you have bought.
“But that’s not the blueprint, is it?”
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Can you believe that some people still doubt that there is an ongoing conspiracy to destroy America from within? I wonder if they are sure that the sun rises in the East yet.
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