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Economy WTU

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

The FTR Experts
The FTR Experts

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.

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