Forecast: Total Hours Worked in High- and Medium-High (2-Digit Definition) R&D Intensive Activities in the US

The total hours worked in high- and medium-high R&D intensive activities in the US, expressed as billion hours, are forecasted to see a steady annual increase from 2024 to 2028, rising from 20.31 in 2024 to 20.88 by 2028. The year-on-year growth is modest, reflecting a stable demand for high-skill labor in these sectors. This upward trend is consistent, suggesting robust expansion in R&D activities. In 2023, the hours stood at 20.15 billion.

Looking to the future, factors to monitor include advancements in automation and AI, policy changes affecting R&D funding, and global economic shifts that could impact the skilled labor market and influence these forecasts.

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