The data shows a steady increase in the number of persons employed in air transport in the US from 453,000 in 2013 to 518,000 in 2023. Between 2022 and 2023, there was a year-on-year increase of 0.39%. Over the past five years, the compound annual growth rate (CAGR) averaged 0.35%. Forecasts suggest that employment in this sector will continue to grow, reaching 527,000 by 2028, implying a forecasted 5-year CAGR of 0.27% and an overall growth rate of 1.35%.
Future trends to watch for include:
- Technological advancements such as automation and AI impacting job roles.
- Economic fluctuations influencing air travel demand and thus employment rates.
- Regulatory changes and their effects on the industry workforce.