Trucking and logistics facing tighter labor market: Trucking HR Canada

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Canada added 28,500 transport truck drivers in Might, contributing to the 305,000 who have been on the job – barely above the annual common seen in 2022, Trucking HR Canada experiences in its June labor market snapshot.

That left 3,100 fewer job seekers than there have been in April, when unemployment charges reached 6.5% and hit one of many highest charges for the reason that onset of the Covid-19 pandemic.

“This, mixed with the sharp uptick in employment in Might of 2023, means that the trucking and logistics business could also be headed again right into a tighter labor market, particularly for drivers,” Trucking HR Canada observes.

A McDonald's Truck hauling cargo west on Highway 16, near Edmonton
(File picture)

There have been 276,500 employed truck drivers in January, down 8.5% in comparison with 2022.

The broader trucking and logistics sector added 18,200 jobs in Might, using 729,100 staff, following declines from February to April.

There have been 725,300 staff within the sector this January, down 4.8% or 36,400 jobs in comparison with 2022.

“Over the primary 5 months of 2023, employment in trucking and logistics fell, with 34,600 staff actively looking for work and an unemployment price of 4.6% in March,” the group mentioned. “By Might, trucking and logistics’ unemployment price fell to 4.1% and the variety of lively job seekers decreased to 31,000. By comparability, the unemployment price throughout the Canadian financial system averaged 5.3% between January and Might.”

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