Nonunion truck driver wages to rise

Rick Smith
The Motley Fool
May 13, 2014

You wouldn't think that the old saw, "Good help is hard to find," had anything left to it, what with last week's unemployment report out of the U.S. Department of Labor showing unemployment in America is still 6.3%. The fact that hourly wages in America grew a measly 1.9% over the past 12 months tends to suggest there's little slack in the jobs market, too. (After all, if it was hard to find good help, wouldn't it stand to reason that employers would be paying through the nose to attract workers?)

In one industry, they may have to: trucking.

Help wanted
America as a whole may be slogging through 6.3% unemployment these days, but according to industry analyst FTR Transportation Intelligence, there's currently a 4.3% "driver shortage" in the trucking industry today -- a negative unemployment rate.

Click here to read more at The Motley Fool.


Be the first to comment

Please check your e-mail for a link to activate your account.
Get Advice Join TDU Donate

Recent News

As Contract Time Nears, YRC Deals more MOUs

Just weeks away from negotiations on the next YRC contract, IBT Freight Director Ernie Soehl has agreed to two “pilot programs” to address “driver shortages.”

Reformers Win in Local 371

On October 19, Local 371 Teamsters elected Mike Kensinger and his whole slate to take leadership of their local. The general local covers the Quad Cities area on both sides of the Mississippi, near Rock Island, Illinois and Davenport, Iowa.

View More News Posts