Analyzing the employment data in the US air transport sector from 2013 to 2028 reveals various trends. Between 2013 and 2023, the sector experienced fluctuating growth, with notable declines in 2020 due to the pandemic, dropping by 10.89%. However, it rebounded dramatically by 15.85% in 2022, stabilizing with a slight 0.27% decline in 2023. The Compounded Annual Growth Rate (CAGR) from 2018 to 2023 was 1.89%, reflecting positive overall growth. Forecasting from 2024 to 2028 suggests a flat to slightly negative trend, with a forecasted CAGR of -0.11%.
Future trends to watch for:
• Technological advancements and automation impacting employment needs.
• Economic conditions and fuel costs influencing airline operations and staffing.
• Regulatory changes and environmental policies potentially reshaping the industry’s workforce dynamics.
