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Rail News: Rail Industry Trends
7/20/2012
Rail News: Rail Industry Trends
STB: Class I jobs rose in June
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The U.S. Class I workforce grew slightly in June compared with the previous month, according to Surface Transportation Board data. As of mid-month, the railroads employed 163,159 workers, a 0.38 percent increase compared with May 2012 and 2.40 percent jump compared with June 2011.
However, on a month-over-month basis, only two workforce segments posted gains: executives, officials and staff assistants, 0.77 percent to 9,661; and professional and administrative, 1.67 percent compared with May. Workforce declines were registered among maintenance of way and structures employees, down 0.11 percent to 37,259; maintenance of equipment and stores, down 0.52 percent to 29,751; transportation (other than train and engine), down 0.16 percent to 6,842; and transportation (train and engine), down 0.79 percent to 65,606.
On a year-over-year basis, all categories registered increases: executives, officials and staff assistants, 3.54 percent; professional and administrative, 1.56 percent; maintenance of way and structures, 2.70 percent; maintenance of equipment and stores, 2.15 percent; transportation (other than train and engine), 2.59 percent; and transportation (train and engine), 2.33 percent.
However, on a month-over-month basis, only two workforce segments posted gains: executives, officials and staff assistants, 0.77 percent to 9,661; and professional and administrative, 1.67 percent compared with May. Workforce declines were registered among maintenance of way and structures employees, down 0.11 percent to 37,259; maintenance of equipment and stores, down 0.52 percent to 29,751; transportation (other than train and engine), down 0.16 percent to 6,842; and transportation (train and engine), down 0.79 percent to 65,606.
On a year-over-year basis, all categories registered increases: executives, officials and staff assistants, 3.54 percent; professional and administrative, 1.56 percent; maintenance of way and structures, 2.70 percent; maintenance of equipment and stores, 2.15 percent; transportation (other than train and engine), 2.59 percent; and transportation (train and engine), 2.33 percent.