The number of self-employed individuals in the US insurance, reinsurance, and pension funding sector is projected to decrease steadily, from 100,000 in 2024 to 92,000 in 2028. This represents a year-on-year decline of approximately 2% each year. Considering historical data, there appears to be a consistent downward trajectory in the last two years, continuing into the future. The compound annual growth rate over the five-year forecast is negative, indicating a gradual reduction in self-employment within this sector.
Future trends to watch for include potential shifts towards automation and digital transformation, which may reshape job markets, and regulatory changes affecting self-employment opportunities. Monitoring the impact of emerging technologies will be crucial.
