Logistics employment rises, but only one-in-four COVID-19 job losses are back — Panjiva
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Logistics employment rises, but only one-in-four COVID-19 job losses are back

Coronavirus 511 Corp - Forwarders 341 Corp - Ports 881 Corp - Shipping 977 Mode - Airfreight 181 Mode - Containerized 1470 Mode - Rail 112 Mode - Seaborne 1803 Theme - Employment 56 U.S. 5319

U.S. logistics employment improved by 2.0% sequentially in June, or by 92,100 jobs. Yet, that compares to 380,500 jobs lost since February as a result of the COVID-19 pandemic, i.e. there’s been a recovery of just 24.0% of jobs lost. While most sectors saw an improvement there was a continued 1.7% dip in rail employment due to the implementation of precision railroading and the slow recovery of the automotive industry. Sea freight employment recovered by 3.0% sequentially but is still down by 10.3% year over year. With U.S. inbound freight having declined by 9.7% year over year in the fi...

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