Tuesday, March 26, 2013

February employment up from year ago, and from January

Written by 

Figures released Tuesday by the Surface Transportation Board show Class I railroads employed 162,228 people in mid-February, up 0.90% from February 2012, and up a modest 0.11% from last January.

All categories save one gained year-over-year, with Transportation (train and engine) posting the only loss, down 0.38%. Leading the winners was Executives, officials, and staff assistants, up 3.46% year-over-year, followed by Professional and administrative, up 2.40%, Maintenance of way and structures, up 1.48%, Maintenance of equipment and stores, up 1.46%, and Transportation (other than train and engine), up 1.25%.

Four of six categories gained ground from the previous month, with Maintenance-of-Way and Structures leading the way, up 0.62% from January. More modest one-month gains came from Transportation (train and engine), up 0.14%, Transportation (other than train and engine), up 0.10%, and Professional and administrative, up a miniscule 0.01%.

Maintenance of equipment and stores fell 0.42% in February from January, while Executives, officials and staff assistants decline 0.10%.