Economics, employment, and finance
Legacy ID
1546
US Airlines lose $1.2 billion in first quarter 2023, an improvement over first quarter 2022
U.S. airline financial reports are filed quarterly with the Bureau of Transportation Statistics (BTS). See the tables that accompany this release on the BTS website for additional first-quarter (Tables 1-6) financial results.U.S. Cargo and Passenger Airlines Added 2,867 Jobs in April 2023; Employment Remains 8.4% Above Pre-Pandemic April 2019
U.S. airline industry (passenger and cargo airlines combined) employment increased to 796,846 workers in April 2023, 2,867 (0.36%) more workers than in March 2023 (793,979) and 61,859 (8.42%) more than in pre-pandemic April 2019 (734,987).U.S. Transportation Sector Unemployment Rate of 3.6% in May 2023 Was Below the May 2022 Level of 4.5% And Was Below the Pre-Pandemic May Level of 4.3% in 2019
The unemployment rate in the U.S. transportation sector was 3.6% (not seasonally adjusted) in May 2023 according to Bureau of Labor Statistics (BLS) data recently updated on the Bureau of Transportation Statistics (BTS) Unemployment in Transportation dashboard. The May 2023 rate fell 0.9 percentage...U.S. Airlines’ April 2023 Fuel Consumption Back to Pre-pandemic Levels; Fuel Cost per Gallon up 29.3% from Pre-pandemic level, Down Substantially from the June 2022 Recent-high of $4.04
The Department of Transportation’s Bureau of Transportation Statistics (BTS) today released U.S. airlines’ April 2023 fuel cost and consumption numbers indicating U.S. scheduled service airlines used 1.484 billion gallons of fuel, 3.9% less fuel than in March 2023 (1.545 billion gallons) and 0.1%...Use and Contribution of For-hire, In-house, and Household Transportation to Gross Domestic Product: Transportation Satellite Account Tables
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