The US Agricultural Products and Livestock Sector has witnessed fluctuating employment from 2013 to 2023. The workforce peaked at 1.36 million in 2018 and 2019 but declined to 1.27 million in 2023, reflecting a -0.94% year-on-year change. The sector's employment contracted at a CAGR of -1.36% over the last five years. Forecasts from 2024 to 2028 predict a continued decline, with a projected CAGR of -0.67%, indicating a gradual reduction in employment.
Future trends to watch for:
- Technological advancements driving productivity with fewer workers.
- Shifts in demand and supply chain dynamics affecting labor needs.
- Impact of climate change and sustainability practices on employment.
