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U.S. Transportation Sector Unemployment Rate of 4.5% In May 2022 Is Below the May 2021 Level of 7.9% But Just Above the Pre-Pandemic May Level of 4.3% in 2019
The unemployment rate in the U.S. transportation sector was 4.5% (not seasonally adjusted) in May 2022 according to Bureau of Labor Statistics (BLS) data recently updated on the Bureau of Transportation Statistics (BTS) Unemployment in Transportation dashboard. The May 2022 rate fell 3.4 percentage...U.S. Airlines’ April 2022 Fuel Consumption Down 9.5% from Pre-Pandemic 2019; Aviation Fuel Cost per Gallon Hits Record High
The Department of Transportation’s Bureau of Transportation Statistics (BTS) today released airline Fuel Cost and Consumption information for April 2022. U.S. scheduled service airlines used 1.35 billion gallons of fuel, 2.3% less fuel than in March 2022 (1.38B gallons) and 9.5% less than in April 2019. The monthly cost per gallon was $3.59, up 55 cents (18.0%) from March 2022 ($3.04) and up $1.53 (74.3%) from April 2019. April 2022 airline fuel expenditure ($4.82B) increased 15.3% from March 2022 ($4.18B) and was up 57.8% from April 2019.