Friday, August 21, 2009

Rail employment up fractionally in July

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U.S. Class I railroads employed 150,400 workers in mid-July, 786 more than they employed in mid-June. The 0.53% month-over-month increase was welcome news after a long decline, but the numbers were still 8.65% below July 2008.

The biggest numerical increase
in July compared with the prior month was in the transportation (train and engine—or operating crew) category, where employment rose 2.49%.

Two other groups also showed month-over-month increases—professional and administrative, up 4.26%, and maintenance of way and structures,
up 0.14%.

Only one group showed an increase over July 2008 — professional and administrative, up 0.61%. Declines
were registered in the categories of executives, officials, and staff assistants, down 6.84%; maintenance of way and structures, down 1.07%; maintenance of equipment and stores, down 6.08%; transportation (other than train and engine), down 1.62%; and transportation (train and engine), down 16.60%.