Forecast: Employees in Wholesale, Retail and Repair of Motor Vehicles and Motorcycles Sector in the US

The recorded employee hours in the Wholesale, Retail, and Repair of Motor Vehicles and Motorcycles sector in the US for 2023 was not provided; however, starting in 2024, forecasted data indicates a steady increase from 4.89 billion hours, progressing annually to 5.08 billion hours by 2028. The year-on-year growth rate is approximately 1% between these forecasted years, showcasing a moderate and consistent expansion in employee hours.

Key future trends to monitor include:

  • The impact of potential technological advancements on workforce efficiency and employment needs.
  • Market demand for electric vehicles and how it may influence staffing requirements in sales and repair.
  • Regulatory changes affecting the motor vehicles industry that could alter labor demands.

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