The number of employment tends in transport and storage

In April, the unemployment rate was 4.2%unchanged, the US Bureau of Labor Statistics reported on Friday. An alternative measure of unemployment, which includes discouraged employees, is 4.4%. Employment continued to trend in transport and storage.

Preliminary estimates for April show transport and warehouse caves and 29,000 jobs. Therefore, logistics was responsible for over 16% of the total profit of employment without agriculture, which rose by 177,000. The unemployment rate in logistics is 3.3%. The average weekly hours in the industry, including overtime, is 38.7.

While storage quickly automates due to mobile warehouse robots, the productivity results associated with mobile robots have not yet affected the low unemployment rate in the industry.

Automation gains that are based on self-driving trucks are negligible, although Aurora Innovation, Inc. (Nasdaq: Aur) announced on Thursday that he had successfully launched his commercial self-driving truck service in the Dallas/Houston Lane. This marks the beginning of the self -driving freight revolution. However, this revolution is expected to get out slowly.

Within logistics, storage and storage, 9,800 jobs added, and couriers and messenger were responsible for 8,400 new jobs. All means of transport added jobs with the exception of the water transport. But in critical truck transport mode, only 1,400 jobs were added in April, which corresponds to less than 0.1% of the 11.5 million truck transport jobs.

The railway industry also set a break, added only 100 seasonal jobs from March to April and brought her overall employment to 153,800 in April.

The average hourly profit in the industry is $ 31.39, which corresponds to an annual income of around $ 61,000. However, the average salary for the industry is somewhat misleading, since truck drivers do significantly more than the employees employed in storage.

Profits in storage

Logistics experts attribute the importers who pull the freight forward, the profits in storage and storage to avoid the tariffs of the Trump management.

When asked whether trade agreements would come this week, Trump told reporters on Sunday: “It could be very good this week.” He did not indicate which countries.

“We negotiate with many countries, but in the end I will determine my own offers – because I have set the deal, they don't set the deal,” said Trump on board Air Force One. “You always ask the same question:” When will you agree? “It is up to me, it's not because of them.”

Trump also signaled that his helpers have talks with colleagues from China. In view of the signs, the financial markets have determined that the trading voltages between China and the USA could reduce the current level.

China was the focus of Trump's tariff campaign and led Beijing to take revenge against US taxes. Chinese tariffs now run up to 145% for Chinese goods. China has recently shown a possible thaw, while Trump NBC News in comments on Sunday said that he was ready to reduce the US tariffs at some point.

The employment statistics are based on two monthly surveys. The budget survey measures the employment population status, including unemployment, according to demographic characteristics. The establishment Survey does not focus on employment, hours and the profits of industry.