Forecast: Total Hours Worked in Electricity, Gas and Water Supply; Sewerage, Waste Management and Remediation Activities in the US

The total hours worked forecast in the Electricity, Gas, and Water Supply sectors, along with Sewerage, Waste Management, and Remediation Activities in the US is projected to see a modest upward trend from 2024 to 2028, growing from 2.13 billion hours to 2.19 billion hours. In the historical context, as of 2023, this projected growth reflects a steady industry engagement. The year-on-year percentage increases are minor, implying stable demand for labor in these sectors. Over the forecast period, the Compound Annual Growth Rate (CAGR) indicates a consistently modest growth rate.

Future trends to watch for include:

  • Technological advancements leading to efficiency improvements, potentially affecting labor hours.
  • Policy shifts or regulations impacting energy sources and environmental management.
  • Changes in climate-related considerations influencing industry activities and labor needs.

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