Unemployment Rate - Transportation and Material Moving Occupations
LNU04032228 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.30
Year-over-Year Change
-7.35%
Date Range
1/1/2000 - 7/1/2025
Summary
Measures unemployment within transportation and material moving occupations. Provides critical insights into logistics and supply chain labor markets.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
Tracks joblessness among workers in transportation, warehousing, and material handling sectors. Reflects economic activity and industry health.
Methodology
Bureau of Labor Statistics conducts monthly household surveys to determine unemployment rates.
Historical Context
Essential for understanding transportation sector workforce dynamics and economic resilience.
Key Facts
- Reflects critical infrastructure employment trends
- Indicates economic health of logistics sectors
- Measures workforce stability in transportation
FAQs
Q: Why track transportation sector unemployment?
A: Provides insights into economic activity, supply chain resilience, and logistics workforce dynamics.
Q: What occupations are included in this category?
A: Includes truck drivers, warehouse workers, delivery personnel, and material handling professionals.
Q: How do economic shifts impact this unemployment rate?
A: E-commerce, global trade, and technological changes directly influence employment in this sector.
Q: Is this unemployment rate cyclical?
A: Highly responsive to economic conditions, trade volumes, and technological transformations.
Q: How often is this data refreshed?
A: Monthly updates provide current snapshot of transportation sector employment trends.
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Citation
U.S. Federal Reserve, Unemployment Rate - Transportation and Material Moving Occupations (LNU04032228), retrieved from FRED.