Unemployment in the transportation sector was higher than overall unemployment, the Bureau of Labor Statistics said today. BLS reports that the U.S. unemployment rate, not seasonally adjusted, in October 2026 was 3.9% or 0.1 percentage points below the transportation sector rate. Seasonally adjusted, the U.S. unemployment rate in October 2026 was 4.1%. [Data does not include soon to unemployed Republicans – AutoCrat.]*
“Seasonally adjusted, employment in the transportation and warehousing sector rose to 6,636,100 in October 2026 — up 0.4% from the previous month and up 0.3% from October 2025,” BLS said. Continue reading











GM Q3 2026 Net $3.3B. More Share Buybacks Coming
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General Motors (NYSE: GM) today reported Q3 2026 revenue of $50.0 billion, net income attributable to stockholders of $3.3 billion, and EBIT-adjusted of $4.1 billion. The company is updating its full-year 2026 EBIT-adjusted guidance, narrowing the range. The company expects net income attributable to stockholders to be $8.9 billion to $9.5 billion; Automotive operating cash flow to be $17.3 billion to $20.3 billion; and EPS-diluted to be $9.72 to $10.72 based on its updated guidance and the impact of adjustments recorded year to date.
“GM is performing well, and we are working hard to continue our momentum despite growing inflationary pressures through strategic investments in new products and services, and through improved quality and operating efficiency. Over the next several years, our portfolio will only get stronger as we complete the launches of the all-new 2027 Chevrolet Silverado and GMC Sierra light duty pickups and follow them with our next-generation heavy duty pickups, our next-generation full-size SUVs, all-new Cadillac sedans and crossovers, and more,” said Mary Barra chair and CEO of General Motors. Continue reading →