The media and entertainment sector in the US is projected to have a workforce of 2.13 million in 2024, declining from 2.2 million in 2023. This represents a year-on-year decrease of 3.2%. Looking ahead, the sector is expected to see further declines, with workforce numbers dropping to 2.1 million in 2025 and 2.06 million in 2026 — a downward trend continuing to 1.99 million by 2028. Over the entire five-year forecast period, the compound annual growth rate (CAGR) suggests an average annual decline of about 1.4%.

Future trends to watch for include:

The increasing impact of digital transformation on traditional media roles.
Pivots towards remote and flexible work structures that may shift workforce needs.
The potential growth in new media roles driven by technological advancements like AI and VR.
Economic factors and market adjustments impacting hiring decisions.