The US employment in the retail trade sector (excluding motor vehicles and motorcycles) is projected to grow steadily from 2024 to 2028. The forecasts show a gradual increase in employment from 13.13 million units in 2024 to 13.23 million units by 2028. As of 2023, employment stood near levels observed at the start of this forecast period, marking a cautious yet positive growth pattern.
Year-on-year growth between 2024 and 2028 is nominal but positive, suggesting a stable labor market. Future trends to watch include the impact of e-commerce on employment numbers, shifts in consumer purchasing behavior, and potential regulatory changes that may influence hiring practices.
