Tuesday, August 11, 2009

Class I employment continues to shrink

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Class I railroad employment in the U.S. dropped to 149,614 in mid-June, down 1.27% (or 2,372 jobs) from mid-May and 8.45% lower than in June 2008.

Transportation (other than train and engine) was the only group to show a year-over-year improvement. Its 6,856 workers in June represented a 3.46% increase from June 2008.

The following employment groups were still showing declines in employment in June this year compared with June a year ago: Transportation (train and engine), 55,434, down 17.45%; maintenance of way and structures, 35,382, down 0.72%; maintenance of equipment and stores, 28,619, down 5.37%; professional and administrative, 13,276, down 3.13%; and executives, officials, and staff assistants, 10,047, down 0.02%.