Wednesday, January 18, 2012

December employment up 3.44% from year ago

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U.S. Class I railroads employed 159,717 workers in mid-December 2011, up 3.44% from a year earlier, though off 0.25% from November due to a seasonal drop in track maintenance employees.

All categories of employment showed increases year-over-year. 

The largest employment group, transportation (train and engine), increased 3.75% to 64,397. The second largest, maintenance of way and structures, was up 2.57% to 35,503. The number of maintenance of equipment and stores workers rose 4.40% to 29,791.

Other employment groups posted these numbers: Executives, officials, and staff assistants, 9,472, up 3.25%; Professional and administrative, 13,800, up 2.42%; and Transportation (other than train and engine), 6,754, up 3.34%.

The Class I employment index, based on 1967 as 100, rose to 27.1 in December 2011, compared with 26.2 in December 2010 and 24.9 in December 2009.