Key US Delivery Hub Suffering Labor Shortage - PYMNTS
Louisville, Kentucky — which was a major delivery hub for U.S. carriers even before the COVID-19 pandemic turbo-charged online shopping — is suffering a severe labor shortage, the Wall Street Journal reported Wednesday (Dec. 22).
The Louisville/Jefferson County unemployment rate for October, the latest month for which U.S. Bureau of Labor Statistics data is available, was 3.2%, down from 5.0% a year earlier.
According to federal data cited by the WSJ, the Louisville area lost 93,000 jobs during the pandemic and has regained most of them, bringing the current level to 634,000 jobs.
A big factor in the region's jobs recovery has been hiring at United Parcel Service (UPS) Inc.’s giant Worldport. Per the WSJ, the company employs more than 25,000 people in the region — about the same as before the pandemic, but they’re working more hours than pre-pandemic.
Louisville, Kentucky — which was a major delivery hub for U.S. carriers even before the COVID-19 pandemic turbo-charged online shopping — is suffering a severe labor shortage, the Wall Street Journal reported Wednesday (Dec. 22).
The Louisville/Jefferson County unemployment rate for October, the latest month for which U.S. Bureau of Labor Statistics data is available, was 3.2%, down from 5.0% a year earlier.
According to federal data cited by the WSJ, the Louisville area lost 93,000 jobs during the pandemic and has regained most of them, bringing the current level to 634,000 jobs.
A big factor in the region's jobs recovery has been hiring at United Parcel Service (UPS) Inc.’s giant Worldport. Per the WSJ, the company employs more than 25,000 people in the region — about the same as before the pandemic, but they’re working more hours than pre-pandemic.