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