Airline Job Cuts + Smaller Planes = Lower Employment. 10 Straight Months Of Decline!

Airline employment has dropped from last summer because of job cuts at American Airlines and regional carriers that use smaller planes.

The US Department of Transportation yesterday (Tuesday, Aug 27, 2013) said that airlines employed the equivalent of 381,441 workers in June, down 2.4 per cent from the same month last year. It’s the 10th straight month of decline compared with a year earlier.

With a reduction in the jobs numbers for 10 straight months, that is not a good sign.