U.S. Transportation Sector Unemployment Rate of 4.5% in December 2022

The unemployment rate in the U.S. transportation sector was 4.5% (not seasonally adjusted) in December 2022 according to Bureau of Labor Statistics (BLS) data recently updated on the Bureau of Transportation Statistics (BTS) Unemployment in Transportation dashboard. The December 2022 rate rose 0.9 percentage points from 3.6% in December 2021 and was above the pre-pandemic December level of 2.8% in December 2019. Unemployment in the transportation sector reached its highest level during the COVID-19 pandemic (15.7%) in May 2020 and July 2020.

Unemployment in the transportation sector was above overall unemployment. BLS reports that the U.S. unemployment rate, not seasonally adjusted, in December 2022 was 3.3% or 1.2 percentage points below the transportation sector rate. Seasonally adjusted, the U.S. unemployment rate in December 2022 was 3.5%.