In 2023, the number of persons employed in activities auxiliary to financial service and insurance activities in the US was estimated at 1.32 million. From 2024 to 2028, a steady year-on-year increase in employment is projected: 1.49% between 2024 and 2025, 1.47% from 2025 to 2026, 0.72% from 2026 to 2027, and 1.44% from 2027 to 2028. The five-year compound annual growth rate (CAGR) from 2024 to 2028 is forecasted at approximately 1.40%, suggesting a consistent upward trend.
Looking ahead, key trends to watch include the impact of technological advancements like AI and blockchain on auxiliary financial services, regulatory changes, and shifts in consumer behavior towards digital financial services, which may drive future employment growth or necessitate skill adaptation.
