In 2023, employment in Activities Auxiliary to Financial Service and Insurance Activities in the US stood at approximately 1.25 million full-time equivalents (FTEs). Forecasts indicate a steady annual growth, reaching 1.34 million FTEs by 2028. From 2024 to 2028, the year-on-year employment growth is expected to range between 1.52% to 1.53%. The five-year compound annual growth rate (CAGR) is projected at about 1.41%, reflecting a consistent upward trend.
Future trends to watch for include:
- Technological advancements driving operational efficiencies.
- Regulatory changes impacting employment dynamics.
- Increasing demand for financial consultancy and insurance services.
- Potential disruptions due to economic fluctuations or global events.
