US Q1 2024 Transportation Labor Market Update: Driver Pay Starts the Year on the Upswing

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Takeaways 

Indeed job postings across the US reflect a labor market that continues to slow down, falling 12% from April 5, 2023.  All categories within the Transportation vertical show job postings declines over the past year. Driving wage growth has ticked up in recent months, but remains in line with pre-pandemic levels. Video of Sr. Economist, Daniel Culbertson, discussing the US Labor Market Update – Transportation Indeed job postings 

The Indeed Job Postings Index (JPI) indicates that employers continued to pull back on hiring in the first quarter, as postings have now notched more than two

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