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.