The estimated number of employees in the Electricity, Gas, Steam, and Air Conditioning Supply sector in the US was projected at 995,000 in 2024, with a gradual increase to 997,000 by 2028. This sector saw stability over the period, with year-on-year variations remaining marginal at around 0.1%. The compound annual growth rate (CAGR) over the forecasted five-year period remains closely flat, reflecting a mature industry.
Future trends to watch for:
- Adaptation of renewable energy sources impacting employment shifts.
- Technological advancements driving demand for technically skilled workers.
- Regulatory changes influencing sector dynamics.