Thursday, March 22, 2012

Rail employment barely down in mid-February

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Class I rail employment numbers released by the Surface Transportation Board show Class I railroads employed 159,333 people in mid-February, up 3.93% from February 2011, and down just 105 positions, or only 0.07%, from January 2012.

All employment categories gained year-over-year, with executives, officials and staff assistants leading the pack, up 3.68%. Transportation (train and engine) nearly matched that, up 3.65%, compared with February 2011; Maintenance of equipment and stores rose 3.41%; Maintenance of way and structures rose 3.8%; Transportation (other than train and engine) gained 1.07%, and Professional and administrative employment eked out a 0.82 rise.

Only Transportation (train and engine), up 0.26% gained ground from the previous month, however, with Transportation (other than train and engine) slipping most, down 1.35%. Smaller month-over-month declines were notched by Executives, officials, and staff assistants (down 0.08%), Professional and administrative (down 0.17%), Maintenance of way and structures (down 0.19%), and Maintenance of equipment and stores (down 0.29%).