Weekly Transportation Update: U.S. adds 199,000 payroll jobs in November

U.S. adds 199,000 payroll jobs in November.

• The unemployment rate falls to 3.7%; labor participation improves slightly.
• Job openings in October were lowest since March 2021.
• Dry van spot rates rise strongly for the second straight week.
• Rail and intermodal volumes post strong gains following Thanksgiving.