The perceived shortage of truck drivers should be curable with the application of wage medicine, two economists wrote in a paper published by the U.S. Bureau of Labor Statistics.
The paper didn’t specifically address other commercial driving enterprises but notes that in similar occupations, rising wages ameliorate tight labor markets.
Their article, “Is the U.S. labor market for truck drivers broken?” was published in the March issue of the bureau’s Monthly Labor Review. The economists studied the market for long-distance, truck-load motor freight drivers, who account for up to one-fourth of heavy truck and tractor-trailer drivers.
