The forecast for self-employed individuals in the US accommodation and food services sector shows a gradual decline from 214,000 jobs in 2024 to 209,000 jobs in 2028. This represents a 2.3% decrease over five years, indicative of a diminishing inclination or feasibility for self-employment within this industry. Year-on-year variation suggests a steady decrease of approximately 0.5% annually. The compound annual growth rate (CAGR) highlights this consistent downward trend.

Future trends to watch for:

Impact of economic shifts on consumer confidence and spending.
Technological advancements affecting traditional self-employment models.
Policy changes influencing small business operations and entrepreneurship incentives.