U.S. airlines down 6.9% employees in Jan.
U.S. airlines employed 6.9 percent fewer workers in January than they did a year earlier, the seventh consecutive year-over-year decrease and the largest decline since December 2003, the Department of Transportation said today.
U.S. airlines employed 6.9 percent fewer workers in January than they did a year earlier, the seventh consecutive year-over-year decrease and the largest decline since December 2003, the Department of Transportation said today.
January's total of 390,000 workers was the lowest since 1993, said the Bureau of Transportation Statistics. US Airways' employment fell 4.4 percent in January compared with January 2008.
The employment cuts come as airlines are slashing seat capacity because of the swift drop in number of passengers traveling. United Airlines reported the biggest drop in employees, 12.8 percent.
Four low-fare carriers reported yearly increases, including Southwest Airlines which had a 3.9 increase in January over the same month last year.