Forecast: Number of Persons Employed in Medium-High (2-Digit Definition) R&D Intensive Activities in the US

The number of persons employed in medium-high R&D intensive activities in the US shows a steady upward trend from 2024 to 2028. The employment figures are forecasted to rise from 7.85 million in 2024 to 8.10 million in 2028, marking a year-on-year growth of approximately 0.89% on average. In comparison to the last two years, this illustrates a consistent rise, reinforcing the sector's expansion. The 5-year Compound Annual Growth Rate (CAGR) stands around 0.79%, indicative of gradual yet persistent growth.

Looking into future trends, innovations in technology and increased investment in R&D may accelerate employment growth. Key areas to watch include artificial intelligence, biotechnology, and renewable energy, which could significantly bolster demand for skilled professionals in R&D intensive roles.

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