---
title: "Weekly Transportation Update: Unemployment Hits 54-Year Low"
description: U.S. Economy Adds 253,000 Payroll Jobs in April
image: https://today.ftrintel.com/hubfs/Hero%20Images/Shippers%20Hero%20Images/Shippers%20warehouse%202.png
---

![](https://today.ftrintel.com/hs-fs/hubfs/Hero%20Images/Shippers%20Hero%20Images/Shippers%20warehouse%202.png?width=1600&height=500&name=Shippers%20warehouse%202.png)

Economy WTU

# Weekly Transportation Update: Unemployment Hits 54-Year Low

![The FTR Experts](https://7528315.fs1.hubspotusercontent-na1.net/hub/7528315/hubfs/raw_assets/public/mV0_d-cms-elevate-theme_hubspot/elevate/images/avatar-placeholder.jpg?width=48&height=48&name=avatar-placeholder.jpg)

 The FTR Experts

May 8, 2023

U.S. Economy Adds 253,000 Payroll Jobs in April

- The unemployment rate again falls to the lowest in 54 years.
- Closely watched manufacturing indicator improves but still suggests a slowing sector.
- Refrigerated spot rates see strongest gain of the year in the latest week.
- Intermodal sets another volume high for 2023.

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## Keep reading

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