US Q3 2024 Transportation Labor Market Update: Logistic Support Emerges as a Bright Spot

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Takeaways: 

The consistent decline in job postings that began in early 2022 showed signs of leveling off in Q3 2024. As of Oct. 18, job postings were 10.8% above pre-pandemic levels. Job posting trends within the broader transportation sector are mixed: Postings rose in the Logistic Support segment but declined in others.  Annual posted wage growth for Driving roles slowed to just 0.5% in September.  Pay transparency — measured as the share of job postings within a given sector that contain some information on proposed pay — was higher in all Transportation sectors than the rate across the overall

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