Forecast: Employees in Mining and Quarrying Sector in the US

In 2023, the number of employees in the US mining and quarrying sector stood at an unspecified baseline. The forecast predicts a gradual decline over the next five years: starting from 574 thousand in 2024, decreasing to 561 thousand by 2028. The year-on-year percentage change shows a consistent decrease: approximately -0.87% from 2024 to 2025, -0.53% from 2025 to 2026, -0.53% from 2026 to 2027, and -0.35% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over these five years is negative.

Future trends to watch for:

  • Technological advancements that may further reduce human labor needs.
  • Regulatory and environmental impacts affecting industry employment.
  • Market demand fluctuations for mined and quarried commodities.
  • Potential shifts towards sustainable and renewable practices, which might alter workforce needs.

Top Countries about Mining And Quarrying