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U.S. Department of Transportation U.S. Department of Transportation Icon United States Department of Transportation United States Department of Transportation

U.S. Transportation Sector Unemployment Rate of 3.7% in October 2022 Was Below the October 2021 Level of 5.1% But Was Above the Pre-Pandemic October Level of 2.7% in 2019

Friday, November 4, 2022

The unemployment rate in the U.S. transportation sector was 3.7% (not seasonally adjusted) in October 2022 according to Bureau of Labor Statistics (BLS) data recently updated on the Bureau of Transportation Statistics (BTS) Unemployment in Transportation dashboard. The October 2022 rate fell 1.4 percentage points from 5.1% in October 2021 but was above the pre-pandemic October level of 2.7% in October 2019. Unemployment in the transportation sector reached its highest level during the COVID-19 pandemic (15.7%) in May 2020 and July 2020.

Unemployment in the transportation sector was above overall unemployment. BLS reports that the U.S. unemployment rate, not seasonally adjusted, in October 2022 was 3.4% or 0.3 percentage points below the transportation sector rate. Seasonally adjusted, the U.S. unemployment rate in October 2022 was 3.7%.

 

 

In addition to the update of the Unemployment in Transportation dashboard, BTS also released its monthly update to its Employment in Transportation: Total, by Mode, and Women, and Race and Hispanic or Latino Ethnicity of Transportation Workers dashboards.

Charts Updated this Month by Section include:

Unemployment in the Transportation and Warehousing Sector and in Transportation and Material Moving Occupations

Monthly Employment in the Transportation and Warehousing Sector, Establishment Data

Monthly Employment in the Transportation and Warehousing Sector by Race and Hispanic or Latino Ethnicity, Household Data

 

Visit Transportation Economic Trends for more topics.

Media contact: BTSNews@dot.gov or 1-800-853-1351.