Forecast: Employment in Publishing in the US

The employment in the US publishing industry increased from 759,000 units (FTE) in 2013 to 833,000 units (FTE) in 2023. The employment numbers show fluctuations and minor variations year-on-year, with notable growths and occasional declines. The most recent five-year CAGR stands at 0.41%, indicating steady but modest growth. Forecasts predict a continuation of this trend, with a projected five-year CAGR of 0.14% up to 2028.

Recent trends reveal:

  • Employment slightly declined by 0.84% in 2020 but recovered in subsequent years.
  • A gradual increase with minimal year-on-year variations in recent years (0.12% in 2023).

Future trends to watch for:

  • The impact of digital transformation on traditional publishing roles.
  • Adoption of new content delivery methods and their influence on employment dynamics.
  • Changes in consumer behavior towards digital and print mediums.

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