Forecast: Employees in Rubber, Plastics and Other Non-Metallic Mineral Products Manufacturing Sector in the US

In the US, from 2024 to 2028, the Rubber, Plastics, and Other Non-Metallic Mineral Products Manufacturing sector is forecasted to experience a gradual decline in employment, indicated by a decrease in total working hours from 2.36 billion to 2.32 billion. The forecast reflects consistent year-on-year decreases of approximately 0.43%, suggesting a steady contraction in workforce deployment. The average variation over the period from 2024 to 2028 projects a compound annual growth rate (CAGR) decline of about 0.43%.

Future trends to monitor:

  • Technological advancements that may drive further automation and impact labor demand.
  • Potential policy changes affecting environmental regulations and production costs.
  • Global economic conditions influencing demand for manufacturing exports.
  • Shifts in consumer preferences that may affect the sector's product mix.

Top Countries about Non-Metallic Mineral Products