Analyzing the forecast for 2024-2028, the employee hours in the coke and refined petroleum products manufacturing sector in the US are predicted to remain stable at 242.0 million hours annually. In 2023, this sector maintained a similar level indicating no growth or decline, highlighting a stagnant trend for the forecasting period. This period sees no variation year-on-year till 2028, implying a compound annual growth rate (CAGR) of 0% over the forecast horizon.
Future trends to watch for:
- Technological advancements and automation could impact employment levels.
- Environmental regulations might drive operational and staffing changes.
- Market demand shifts toward renewable energies could influence workforce dynamics.