Top Seven Railroads Increase Jobs in April

[mahatmakanejeeves]

Too late to be LBN.

Top Seven Railroads Increase Jobs in April

Top Seven Railroads Increase Jobs in April
John D. Boyd | Jun 2, 2010 9:11PM GMT
The Journal of Commerce Online - News Story

Third straight month for rail employment gains since bottoming in January

The U.S. operations of all seven top-tier North American railroads expanded their workforce in April, the first time that has happened since rail employment bottomed in January.

The Class I railroads told the Surface Transportation Board they employed 149,749 workers during the mid-April pay period -- up 1.21 percent from March – which marks three consecutive months that the Class Is have increased their headcounts.

The Class I U.S. workforce total for April was up by 4,140 workers or 2.84 percent from January, which was the low point for the recession.

Railroads continued to lay off workers for half a year after freight traffic began to recover near the middle of 2009. They began recalling workers when freight began to surge early this year, but not all at the same time.

--Contact John Boyd at [e-mail].

If you want to see how much the industry has changed, compare employment in 1967 to employment in 2010.

Thanks to the AAR for the link. You can sign up for their listserv here.

[babylonsister]

1. Good news, thanks! nt