Airline industry continued to shed jobs in April
June 15, 2010, 09:26 pm
Airlines are continuing to cut costs and streamline their operations in response to difficult economic conditions, judging from recent industry employment data.
According to the Bureau of Transportation Statistics, the number of people employed by the airline industry fell 4.1 percent between April 2009 and the same month in April 2010. This marks the 22nd consecutive month where full-time equivalent employee levels have fallen on a year-over-year basis.
The government report said that in April, there were 376,200 full-time equivalent workers in the industry, which was said to be the lowest total for any month since at least 1990. The BTS counts two part-time workers as one full-time employee.
For the latest report, five network airlines were said to have decreased their employment levels. Among low-cost carriers, only Southwest and AirTran Airways decreased their workforce, while a number of regional carriers experienced similar cuts.
Of all passenger airline employees, 68 percent work for six leading network airlines, while 16.9 percent work for low-cost carriers and 13.7 percent work for regional ones.
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