Airline employment sees further decline
May 21, 2010, 07:45 pm
A recent report from the U.S. Bureau of Transportation Statistics showed that employment opportunities in the airline industry saw declines in March.
According to the BTS, airlines had 3.8 percent fewer employees during the third month of 2010 when compared to March of last year. That marked the 21st straight month of declining job numbers in the industry.
The BTS said a total of 377,261 full-time employees were counted in the industry, which is a decline of 14,800 from March of last year. It also represented the lowest total for a month since 1990.
Many airlines may still be feeling the effects of the recession, which caused many consumers to cut back on spending. One area they may have cut back on is discretionary travel, including flying.
As a result, airlines had fewer funds to work with while also seeing a decline in demand, which probably helped lead to reducing thenumber of employees in the industry.
Overall unemployment remained steady at 9.7 percent during March. However, the Bureau of Labor Statistics noted it increased to 9.9 percent in April.
Are you covered? Are you overpaying? Find out! Get a Quote Now!
| 
