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School buses drive job losses in transport sector

from The Wall Street Journal

The transportation and warehousing sector saw the biggest job losses — 17,000 — in April's employment report. Why? "The job loss in transit and ground passenger transportation stemmed from a decline in school bus-related employment. The weakness in couriers and messengers may stem from concerns expressed by major companies in recently published earnings reports over the economic climate in Asia and the United States," the Labor Department said in a detailed analysis of industry employment data. more

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