Forecast: Passenger Transport Supporting Services Employment in the US

Between 2013 and 2023, the employment in Passenger Transport Supporting Services in the US has seen significant fluctuations. Starting from 249.0 thousand employees in 2013, the sector grew steadily until 2019, peaking at 319.0 thousand employees. However, the COVID-19 pandemic severely impacted the industry, bringing employment down to 121.0 thousand in 2020. A robust recovery followed in subsequent years, culminating at 344.15 thousand employees in 2023, marking a 17.06% increase year-on-year. Over the past five years, the compound annual growth rate (CAGR) was 1.98%.

Future trends to watch for:

  • Continued recovery and potential stabilization of employment levels post-pandemic.
  • Technological advancements and automation in supporting services.
  • Impact of sustainability initiatives and green policies on employment dynamics.

Top Countries about Transportation