The air transport sector in the US has shown variability in its employment trends over the past decade. In 2023, the sector stood at 658,000 employees. Between 2021 and 2022, there was a significant increase of 12.38%, likely reflecting recovery from the pandemic's impact. However, in 2023, employment decreased by 4.64%. Over the last five years, the Compound Annual Growth Rate (CAGR) was 0.81%. Forecasts predict a modest growth rate of 0.56% annually, leading to a projected 2.85% increase by 2028.
Future trends to watch for include:
- Technological advancements in automation and AI impacting labor demand.
- Changes in travel patterns due to economic shifts and environmental concerns.
- Potential regulatory impacts and sustainability initiatives.
