Over the period from 2013 to 2023, the production of employment services in the US has seen generally consistent growth, interrupted by a notable decline in 2020 due to external factors likely related to the COVID-19 pandemic. In 2023, the production stood at 516.41 billion USD. Year-on-year variations show significant growth during 2014 (14.88%), a steep decline in 2020 (-14.46%), and a remarkable rebound in 2021 with a 25.21% increase. The average compound annual growth rate (CAGR) over the last five years up to 2023 was 4.2%, reflecting a gradual recovery and stabilization.

From 2024 onwards, production is expected to maintain a steady upward trajectory, with a forecasted CAGR of 2.55% through 2028. This period corresponds to a projected overall growth rate of 13.44%, signifying continued expansion albeit at a slightly moderated pace compared to earlier years.

Future trends to watch for include:

Further economic recovery post-pandemic, potentially impacting growth rates positively.
Technological advancements and automation in the employment services sector.
Shifts in labor market dynamics, including remote work and gig economy trends.
Regulatory changes impacting employment practices and agency operations.