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May 28, 2017

TRUCKERS COULD SEE JOB LOSSES * USA: Report

* New York - Self-driving cars could cost America's professional drivers up to 25,000 jobs a month, Goldman Sachs says

--- According to a new report from Goldman Sachs, when autonomous vehicle saturation peaks, U.S. drivers could see job losses at a rate of 25,000 a month, or 300,000 a year... Truck drivers, more so than bus or taxi drivers, will see the bulk of that job loss... The report estimates that semi- and fully autonomous car sales will have about 20 percent share of car sales around 2025 to 2030... To be sure, the report estimates that the full effects of self-driving cars will be delayed by regulation and slow adoption. The report as a whole strikes an optimistic tone on the future of the labor market, noting that many different employment and productivity measures in the United States do not show massive disruption from labor-replacing technologies... The report said. "More fundamentally, we suspect that several of the skills central to those sectors — including empathy, humor, creativity and problem solving — are hard to codify and automate" ...
(Photo: Beware of self-driving vehicles, truck drivers) -- NY, USA - CNBC.com, by Anita Balakrishnan - 22 May 2017

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Apr 2, 2015

TRUCKERS' AID * Europe: EU job-search aid for redundant workers

* France - Ex drivers at trucking firm Mory-Ducros

  --   Around 2,500 redundant workers of the former French road haulage company Mory-Ducros, which closed in 2014, should get EU aid worth €6 million to help them back into work, said Budgets Committee MEPs in a vote on Wednesday. The European Globalisation Adjustment Fund aid still needs to be approved by Parliament as a whole and the Council of Ministers... With 4,500 vehicles on the road each day, Mory-Ducros, France's former number two road haulage firm, ran into serious difficulties when the 3.5 tonne truck haulage market declined by 21% in global economic crisis years 2007 to 2012. Volumes to be transported decreased, while petrol prices rose and a price war broke out in the sector. By November 2013, the company was insolvent, finally closing in May 2014...  Around half of its employees were re-employed in a new company, but over 2,000 were left unemployed... The French authorities applied for €6,052,200 in EGF aid to provide advice for the remaining 2,513 laid off workers. They will receive expert guidance on individual career paths and training to develop job search skills. The EGF contribution comes on top of other measures already taken by the French state... 
(Photo: Mory Ducros employees on strike to defend their employment)  --  Venissieux, Rodano, France - BUDG Press release - 1 april 2015

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Aug 8, 2009

Unemployment Scales Back * USA - The trucking industry lost some 6,800 jobs lost in July

Washington,DC,USA -The Associated Press/The Trucker -8 July 2009 — Employers sharply scaled back layoffs in July, and the unemployment rate dipped for the first time in 15 months, sending a strong signal that the worst recession since World War II is finally ending... A net total of 247,000 jobs were lost last month, the fewest in a year. That compares with 443,000 jobs that disappeared in June. And the unemployment rate for July declined to 9.4 percent from 9.5 percent in June... The trucking industry lost some 6,800 jobs lost in July. Since the end of 2008, the industry has lost 77,700, a drop of 5.8 percent... The BLS said 128,100 trucking jobs have been lost since July 2008 – just before the current decline – total 128,100...

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