In 2023, the total hours worked in Advertising and Market Research; Other Professional, Scientific and Technical Activities; and Veterinary Activities in the US were slightly below 3.4 billion hours. From 2024 onwards, there is a projected steady increase in total hours worked, with yearly increments ranging between 1.18% and 1.13%, respectively, reaching 3.58 billion hours by 2028.
The 5-year compound annual growth rate (CAGR) estimated for this period is approximately 1.15%, indicating a consistent but modest growth trend.
Future trends to watch for include the growing impact of digital transformation and automation, which may influence demand for specific skill-sets and potentially affect total hours worked. Additionally, shifts in market demand for specialized services could further shape employment trends in these sectors.
