Employment in the Electrical Equipment sector in the US is forecasted to have slight declines from 2024 to 2028, starting at 383 thousand units in 2024 and declining to 378 thousand units in 2028. This marks a 1.3% decrease in employment over the five-year period. From 2023 to 2024, the employment has remained stable, whereas the average annual decrease (CAGR) is around 0.26% from 2024 to 2028. Over the last two years (2024-2025), the year-on-year variation is minor, marking a decrease of 0.26% annually.
Future trends to watch for include advancements in automation and technology, which may further reduce the need for traditional roles in this sector. Additionally, shifts towards green energy and sustainability could influence employment demands and skillsets required in this industry.
