August 23, 2014
Yes folks, apparently we apparently don’t have enough people trained as truck drivers. Slate gives us yet another example of the skills shortage in the U.S. economy. Apparently there are not enough truck drivers.
The Bureau of Labor Statistics doesn’t publish data directly on truckers’ pay, but if we look at the larger category of transportation and warehousing, the data show the real average hourly wage has risen by 1.7 percent over the last seven years. This an annual rate of just over 0.2 percent.
If we had more skilled people running trucking companies they would realize that they could bid away drivers from their competitors and get more people to learn to drive trucks if they offered higher pay.
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