The employment forecast in the US wholesale, retail, and repair of motor vehicles and motorcycles sector shows stability from 2024 to 2028, remaining around 3.11 million in 2024-2026 and slightly decreasing to 3.1 million by 2027-2028. In comparison, the sector was at 3.12 million employees in 2023, indicating a minor year-on-year decline. Over a five-year span, the compound annual growth rate (CAGR) demonstrates a negligible decline.
Future trends to watch include the impact of automation and electric vehicle adoption, potentially reducing job numbers in traditional roles while creating opportunities in new job categories within emerging technologies. Close attention should also be paid to regulatory changes and consumer preferences, as these could significantly alter the workforce landscape in the coming years.
