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Though fleets churn through drivers, there’s no evidence of ‘driver shortage,’ says DOL economist

By James Jaillet -
Posted Sep 13th 2019 11:56AM

Backing her study released in March, Department of Labor economist Kristen Monaco on Wednesday continued to push back against the widespread notion that there’s a persistent “driver shortage” in the trucking industry, despite having ruffled feathers over the issue earlier this year.

Though widely accepted — and promoted heavily by the American Trucking Associations and a few other trade groups — the “driver shortage” is more myth than reality, says Monaco, an associate commissioner of the DOL’s Bureau of Labor Statistics. What’s largely perceived as a labor shortage is in fact a retention issue, she says, with heavy recruiting efforts by fleets contributing to the persistently high turnover rates...