Forecast: Total Hours Worked in Fishing and Aquaculture in the US

In 2023, the total hours worked in the U.S. fishing and aquaculture sector stood at an estimated 78.0 million hours. The forecast from 2024 to 2028 indicates a declining trend, with hours projected to decrease from 76.0 million to 68.0 million, implying a decrease of approximately 2.63% per year on average over these five years (CAGR). The year-on-year change reflects a consistent annual decrease of around 2.63%.

Future trends to watch for include:

  • Technological advancements improving automation and efficiency, potentially mitigating the decline.
  • Shifts in consumer demand and environmental regulations influencing sector operations and labor requirements.
  • Potential economic factors like trade policies impacting the industry's dynamics.

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