Economics, employment, and finance

Legacy ID

1546

Second Quarter 2023 Average Air Fare Increases 1.5% from First Quarter 2023

The average United States domestic air fare increased in the second quarter of 2023 to $392, up 1.5% from the first quarter 2023 inflation-adjusted fare of $386. Adjusted for inflation (constant 2023 dollars), the average second quarter 2023 air fare was up 27.7% from $307 in the first full quarter...

Unemployment in Transportation Remains Above Pre-Pandemic Levels; Women Experiencing Higher Rates Than Men

Passenger Airline Employment Tables August 2023

U.S. Cargo and Passenger Airlines Lost 125 Jobs in August 2023; Employment Remains 8.3% Above Pre-Pandemic August 2019

U.S. airline industry (passenger and cargo airlines combined) employment decreased to 803,768 workers in August 2023, 125 (0.02%) fewer workers than in July 2023 (803,893) and 61,442 (8.28%) more than in pre-pandemic August 2019 (742,326).

September 2023 U.S. Transportation Sector Unemployment (4.9%) Rises Above the September 2022 Level (4.3%) And the Pre-Pandemic September 2019 Level (3.3%)

The unemployment rate in the U.S. transportation sector was 4.9% (not seasonally adjusted) in September 2023 according to Bureau of Labor Statistics (BLS). These data have been updated on the Bureau of Transportation Statistics’ (BTS) Unemployment in Transportation dashboard. In September 2023, the...

U.S. Airlines’ August 2023 Fuel Cost per Gallon Up 13.8% from July 2023; Aviation Fuel Consumption Up 1.2% from Pre-Pandemic August 2019

The Department of Transportation’s Bureau of Transportation Statistics (BTS) today released U.S. airlines’ August 2023 fuel cost and consumption numbers indicating U.S. scheduled service airlines used 1.672 billion gallons of fuel, 0.3% less fuel than in July 2023 (1.678 billion gallons) and 1.2%...

The Household Cost of Transportation: Is it Affordable?

Transportation cost burden measures the percent of income a household spends on transportation. The cost of transportation, as well as the modes of transportation available and used, impact the total dollars that households spend on transportation.

Airline Financials 2Q 2023 Tables

US Airlines gain $5.5 billion in second quarter 2023, an improvement over second quarter 2022

U.S. scheduled passenger airlines reported a second-quarter 2023 after-tax net gain of $5.5 billion and a pre-tax operating gain of $7.7 billion.

Passenger Airline Employment Tables July 2023

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Economics, employment, and finance