The forecast for self-employed individuals in the US mining and quarrying sector from 2024 to 2028 remains steady at 16,000 jobs annually. In 2023, the number of self-employed in this sector also stood at 16,000. Over the last two years, there was zero year-on-year change, and the Compound Annual Growth Rate (CAGR) over the past five years is 0%, indicating a stagnant employment trend in this sector.
Future trends to watch for:
- Technological advancements that may impact job dynamics within the mining and quarrying sector.
- Potential regulatory changes affecting self-employment opportunities.
- Market demand fluctuations for mined materials impacting self-employment prospects.