Tuesday, June 26, 2012

Rail employment dips in May, but ahead of 2011

Written by 

U.S. Class I railroads employed 161,191 workers in mid-May, down 0.42% from the previous month (161,876), but still ahead of March's 160,523 workers employed, according to data provided by the Surface Transportation Board.

May's employment numbers also were up 2.33% from May 2011 levels, with all categories adding workers over the same month a year ago. Executives, officials, and staff assistants notched the biggest percentage gain, up 3.85%, over one year ago; Transportation (train and engine) workers also rose substantially, up 3.16%, compared with a year ago.

Compared with the previous month, however, three of six categories saw slippage, the largest within Maintenance of way and structures, off 1.41%. Transportation (other than train and engine) employment fell 0.9% from the previous month, as did Maintenance of equipment and stores, off 0.48%; Transportation (train and engine) declined a modest 0.08%.