Based on the provided forecast data, employment in warehousing and support activities for transportation in the US is projected to increase steadily from 2.16 million FTE in 2024 to 2.35 million FTE in 2028. This trend indicates a consistent year-on-year growth: 1.85% from 2024 to 2025, 2.27% from 2025 to 2026, 2.22% from 2026 to 2027, and 2.17% from 2027 to 2028. The Compound Annual Growth Rate (CAGR) over this five-year span is approximately 2.13%.
For context, the employment in this sector in 2023 stood at 2.1 million FTE. This forecasted growth underscores a positive employment trajectory, reflecting increased reliance on warehousing and transportation support activities.
Future trends to watch for:
- Technological advancements in automation and robotics, potentially mitigating some employment growth due to efficiency gains.
- Increasing e-commerce activities, driving demand for warehousing and transportation support roles.
- Regulatory changes and labor market conditions affecting employment patterns and availability.