Air Freight News

U.S. Transportation unemployment rate of 3.8% in April 2023 was above April 2022 level of 3.6%

May 05, 2023

The unemployment rate in the U.S. transportation sector was 3.8% (not seasonally adjusted) in April 2023 according to Bureau of Labor Statistics (BLS) data recently updated on the Bureau of Transportation Statistics (BTS) Unemployment in Transportation dashboard. The April 2023 rate was above the April 2022 rate of 3.6% and was just above the pre-pandemic April level of 3.7% in 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 April 2023 was 3.1% or 0.7 percentage points below the transportation sector rate. Seasonally adjusted, the U.S. unemployment rate in April 2023 was 3.4%.

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