The forecast for total hours worked in Agriculture, Forestry, and Seafood in the US shows a gradual increase from 2024 to 2028, with values maintaining steady growth from 3.85 billion hours in 2024 to 3.87 billion hours in 2028. This reflects consistent sector activity, post-2023 when actual hours were slightly lower.
Year-on-year variation is minimal, indicating stability in labor demand across these industries. The compound annual growth rate (CAGR) over the forecast period shows a modest increase of approximately 0.13% per year, suggesting slow but steady growth in workload or labor engagement.
Future trends to watch include technological advancements and policy shifts affecting these industries. Automation, climate change, and regulatory changes are pivotal factors that could impact labor needs and efficiency, influencing the forecasted hours worked.