The employment in high R&D intensive activities in the US is projected to grow steadily from 2024 to 2028, reaching 3.24 million full-time equivalents by the end of the period. The forecasted figures indicate a consistent year-on-year growth of approximately 0.63% to 0.64% annually. In 2023, the actual employment stood at 3.14 million, demonstrating a gradual upward trend. Over this five-year span, the compound annual growth rate (CAGR) is expected to be around 0.63%.

Future trends to watch for include:

Technological advancements influencing further demand for skilled R&D professionals.
Policy changes impacting R&D investment and associated employment.
Global competition potentially driving domestic R&D initiatives.