Matthew Staver/Bloomberg News
Trucking accounted for 3,300 of the 288,000 jobs added in June, and the unemployment rate declined 6.1%, the Labor Department reported.
The job increase was above economists’ forecasts of 215,000, Bloomberg News reported.
The transportation and warehousing sector, which includes trucking, added 16,600 positions in June. The 288,000 rise followed a 224,000 gain in May.
“We’re seeing a self-sustaining recovery, where production growth leads to job growth, which leads to consumption growth,” Robert Stein, deputy chief economist at First Trust Portfolios told Bloomberg.
Manufacturing added 16,000 jobs after an increase of 11,000 in May. Construction companies added 6,000 workers after a 9,000 rise the prior month.