Based on forecasted data, the number of persons employed in the non-ferrous metals sector in the US is projected to decline gradually from 2024 to 2028, with employment numbers decreasing from 207,000 to 201,000. By 2024, employment figures represent a continuation from the 2023 level, which we assume was in this range.
The year-on-year decline in employment is modest, suggesting a gradual contraction in the workforce. From 2024 to 2025, there is a slight decrease, continuing at a similar pace through to 2028. The compound annual growth rate (CAGR) indicates a contraction, emphasizing a persistent trend over five years.
Future trends to watch include technological advancements, shifts in demand for non-ferrous metals due to changes in related industries such as automotive and electronics, and policy impacts related to sustainability and trade regulations, which may influence sector employment.