In 2023, the number of persons employed in high- and medium-high R&D intensive activities in the US stood at approximately 10 million units. The forecast from 2024 to 2028 indicates a steady increase in employment figures in this sector. Specifically, year-on-year growth rates suggest a modest but consistent rise of around 0.9% to 1% annually, with the compound annual growth rate (CAGR) over the five-year period averaging about 0.91%.
Future trends to watch for:
- Technological advancements driving demand for skilled labor.
- Potential impact of economic policies on R&D investment.
- Emergence of new industries within the high R&D sectors.
- Global competition influencing domestic employment dynamics.
