In 2023, the wages and salaries in agriculture, forestry, and seafood in the US stood at an estimated value of $50.5 billion. From 2024 to 2028, there is a projected consistent year-on-year increase, with annual growth rates around 1.8% to 1.9%. This translates into a CAGR of approximately 1.8% over these five years. The sector experiences a steady rise, reflecting potential economic resilience and ongoing demand within these industries.

Future trends to watch for include:

The impact of technological advancements and automation in agriculture on labor costs.
Potential policy changes under diverse environmental and trade considerations.
Shifts in consumer preferences toward sustainability, affecting demand for agricultural products.