In 2023, it was estimated that over 161 million Americans were in some form of employment, while 3.64 percent of the total workforce was unemployed. This was the lowest unemployment rate since the 1950s, although these figures are expected to rise in 2023 and beyond. 1980s-2010s Since the 1980s, the total United States labor force has generally risen as the population has grown, however, the annual average unemployment rate has fluctuated significantly, usually increasing in times of crisis, before falling more slowly during periods of recovery and economic stability. For example, unemployment peaked at 9.7 percent during the early 1980s recession, which was largely caused by the ripple effects of the Iranian Revolution on global oil prices and inflation. Other notable spikes came during the early 1990s; again, largely due to inflation caused by another oil shock, and during the early 2000s recession. The Great Recession then saw the U.S. unemployment rate soar to 9.6 percent, following the collapse of the U.S. housing market and its impact on the banking sector, and it was not until 2016 that unemployment returned to pre-recession levels. 2020s 2019 had marked a decade-long low in unemployment, before the economic impact of the Covid-19 pandemic saw the sharpest year-on-year increase in unemployment since the Great Depression, and the total number of workers fell by almost 10 million people. Despite the continuation of the pandemic in the years that followed, alongside the associated supply-chain issues and onset of the inflation crisis, unemployment reached just 3.67 percent in 2022 - current projections are for this figure to rise in 2023 and the years that follow, although these forecasts are subject to change if recent years are anything to go by.

📂 Dataset Title:

AI Impact on Job Market: Increasing vs Decreasing Jobs (2024–2030)

📝 Dataset Description:

This dataset explores how Artificial Intelligence (AI) is transforming the global job market. With a focus on identifying which jobs are increasing or decreasing due to AI adoption, this dataset provides insights into job trends, automation risks, education requirements, gender diversity, and other workforce-related factors across industries and countries.

The dataset contains 30,000 rows and 13 valuable columns, generated to reflect realistic labor market patterns based on ongoing research and public data insights. It can be used for data analysis, predictive modeling, AI policy planning, job recommendation systems, and economic forecasting.

📊 Columns Description:

Column Name Description

Job Title Name of the job/role (e.g., Data Analyst, Cashier, etc.) Industry Industry sector in which the job is categorized (e.g., IT, Healthcare, Manufacturing) Job Status Indicates whether the job is Increasing or Decreasing due to AI adoption AI Impact Level Estimated level of AI impact on the job: Low, Moderate, or High Median Salary (USD) Median annual salary for the job in USD Required Education Typical minimum education level required for the job Experience Required (Years) Average number of years of experience required Job Openings (2024) Number of current job openings in 2024 Projected Openings (2030) Projected job openings by the year 2030 Remote Work Ratio (%) Estimated percentage of jobs that can be done remotely Automation Risk (%) Probability of the job being automated or replaced by AI Location Country where the job data is based (e.g., USA, India, UK, etc.) Gender Diversity (%) Approximate percentage representation of non-male genders in the job

🔍 Potential Use Cases:

Predict which jobs are most at risk due to automation.

Compare AI impact across industries and countries.

Build dashboards on workforce diversity and trends.

Forecast job market shifts by 2030.

Train ML models to predict job growth or decline.

📚 Source:

This is a synthetic dataset generated using realistic modeling, public job data patterns (U.S. BLS, OECD, McKinsey, WEF reports), and AI simulation to reflect plausible scenarios from 2024 to 2030. Ideal for educational, research, and AI project purposes.

📌 License: MIT

Labor Force Participation Rate in the United States decreased to 62.30 percent in June from 62.40 percent in May of 2025. This dataset provides the latest reported value for - United States Labor Force Participation Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Office Staffing and Temp Agencies industry has thrived by offering agile staffing solutions to corporate clients, despite a volatile economic environment. In the aftermath of labor market disruptions brought on by the pandemic, the economy bounced back quickly. Amid a tight labor market, businesses turned to temp agencies to help fill recruitment gaps, producing consecutive years of record growth. However, as inflationary concerns picked up and the Federal Reserve raised interest rates to slow private investment, trickling down to year-to-year declines for staffing agencies. Despite turbulence, industry revenue is expected to grow at a CAGR of 2.9% over the past five years, totaling $260.1 billion in 2025. In 2025, industry revenue is forecast to rise 8.9%, with interest rates expected to temper further.The economy is grappling with a significant skills gap, especially in manufacturing, construction, IT and healthcare, with over half of workers lacking the necessary training for these crucial industries. This gap has created a disparity between employer demands and the skills available in the workforce. In a tight labor market, staffing agencies remain vital, providing businesses with a readily available pool of workers. Agencies are prioritizing workforce development by partnering with training providers and educational institutions to offer upskilling and reskilling programs, preparing workers for high-demand roles. Artificial Intelligence (AI) is poised to transform recruitment by automating repetitive tasks, enabling agencies to deliver faster, more precise placements. As AI-driven tools become integral to the job market, agencies that stay ahead of the technology curve will be able to generate premium margins as overall profitability rises across the industry.In the coming years, staffing agencies will see growth as the economy expands, with workers rejoining the labor force turning to temp agencies to find temporary roles in hopes of securing a permanent position. Agencies will remain a permanent fixture in corporate strategies in the fast-growing healthcare sector, where temporary and travel nurses, medical coders and administrative support will be needed to meet the needs of an aging population. Consequently, industry revenue is expected to increase at a CAGR of 2.2% to reach $290.4 billion over the five years to 2030.

In the fourth quarter of 2024, the unemployment rate in the information industry in the United States stood at *** percent, increasing from *** percent in the same quarter of 2023. In 2020, the tech industry was hit hard by the economic recession brought about by the COVID-19 pandemic, registering a record ** percent unemployment rate during the second quarter. Information industry in the U.S. The U.S. information industry consists of those businesses involved in the production or distribution of information, those involved in providing a means to distribute information and data, and those involved in data processing. More specifically, the sector is comprised of * segments: publishing industries (except internet), motion picture and sound recording industries, broadcasting (except internet), telecommunications, data processing/hosting, and other information services. Employment in the U.S. information industry As a whole, the sector employs nearly ************* people around the United States and accounts for a significant portion of the country’s entertainment industry. As unemployment has fallen, average hourly earnings within the sector have also risen sharply within the past decade, now amounting to almost ** dollars per hour. This trend towards more favorable employment conditions comes at a time when union membership within the industry declined to *** percent in 2022.

📊 Job Postings Data for Talent Acquisition, HR Strategy & Market Research Canaria’s Job Postings Data product is a structured, AI-enriched dataset that captures and organizes millions of job listings from leading sources such as Indeed, LinkedIn, and other recruiting platforms. Designed for decision-makers in HR, strategy, and research, this data reveals workforce demand trends, employer activity, and hiring signals across the U.S. labor market and enhanced with advanced enrichment models.

The dataset enables clients to track who is hiring, what roles are being posted, which skills are in demand, where talent is needed geographically, and how compensation and employment structures evolve over time. With field-level normalization and deep enrichment, it transforms noisy job listings into high-resolution labor intelligence—optimized for strategic planning, analytics, and recruiting effectiveness.

🧠 Use Cases: What This Job Postings Data Solves This enriched dataset empowers users to analyze workforce activity, employer behavior, and hiring trends across sectors, geographies, and job categories.

🔍 Talent Acquisition & HR Strategy • Identify hiring trends by industry, company, function, and geography • Optimize job listings and outreach with enriched skill, title, and seniority data • Detect companies expanding or shifting their workforce focus • Monitor new roles and emerging skills in real time

📈 Labor Market Research & Workforce Planning • Visualize job market activity across cities, states, and ZIP codes • Analyze hiring velocity and job volume changes as macroeconomic signals • Correlate job demand with company size, sector, or compensation structure • Study occupational dynamics using AI-normalized job titles • Use directional signals (job increases/declines) to anticipate market shifts

📊 HR Analytics & Compensation Intelligence • Map salary ranges and benefits offerings by role, location, and level • Track high-demand or hard-to-fill positions for strategic workforce planning • Support compensation planning and headcount forecasting • Feed job title normalization and metadata into internal HRIS systems • Identify talent clusters and location-based hiring inefficiencies

🌐 What Makes This Job Postings Data Unique

🧠 AI-Based Enrichment at Scale • Extracted attributes include hard skills, soft skills, certifications, and education requirements • Modeled predictions for seniority level, employment type, and remote/on-site classification • Normalized job titles using an internal taxonomy of over 50,000 unique roles • Field-level tagging ensures structured, filterable, and clean outputs

💰 Salary Parsing & Compensation Insights • Parsed salary ranges directly from job descriptions • AI-based salary predictions for postings without explicit compensation • Compensation patterns available by job title, company, and location

🔁 Deduplication & Normalization • Achieves approximately 60% deduplication rate through semantic and metadata matching • Normalizes company names, job titles, location formats, and employment attributes • Ready-to-use, analysis-grade dataset—fully structured and cleansed

🔗 Company Matching & Metadata • Each job post is linked to a structured company profile, including metadata • Records are cross-referenced with LinkedIn and Google Maps to validate company identity and geography • Enables aggregation at employer or location level for deeper insights

🕒 Freshness & Scalability • Updated hourly to reflect real-time hiring behavior and job market shifts • Delivered in flexible formats (CSV, JSON, or data feed) and customizable filters • Supports segmentation by geography, company, seniority, salary, title, and more

🎯 Who Uses Canaria’s Job Postings Data • HR & Talent Teams – to benchmark roles, optimize pipelines, and compete for talent • Consultants & Strategy Teams – to guide clients with labor-driven insights • Market Researchers – to understand employment dynamics and job creation trends • HR Tech & SaaS Platforms – to power salary tools, job market dashboards, or recruiting features • Economic Analysts & Think Tanks – to model labor activity and hiring-based economic trends • BI & Analytics Teams – to build dashboards that track demand, skill shifts, and geographic patterns

📌 Summary Canaria’s Job Postings Data provides an AI-enriched, clean, and analysis-ready view of the U.S. job market. Covering millions of listings from Indeed, LinkedIn, other job boards, and ATS sources, it includes detailed job attributes, inferred compensation, normalized titles, skill extraction, and employer metadata—all updated hourly and fully structured.

With deep enrichment, reliable deduplication, and company matchability, this dataset is purpose-built for users needing workforce insights, market trends, and strategic talent intelligence. Whether you're modeling skill gaps, benchmarking compensation, or visualizing hiring momentum, this dataset provides a complete toolkit for HR and labor intellig...

The US crop services industry is currently navigating a period of growth in response to several key market dynamics, particularly within the agricultural sector. The rising demand for organic crops, driven by consumers seeking sustainable, chemical-free food options, is increasing revenue for service providers offering specialized support for organic farming practices. Meanwhile, in the broader crop market, there are mixed impacts. Wheat prices have seen an upward trend due to reduced yields in the EU and export restrictions from Russia, prompting wheat growers to increase investment in soil preparation and crop spraying services, thereby boosting demand. Conversely, the crop markets for corn and soybeans have faced pressure from increased production in Brazil, pressuring prices and encouraging growers to save on costs, tempering otherwise solid service revenue growth. Overall, industry revenue has increased at a CAGR of 0.1% in the current period, reaching $36.0 billion after a drop of 2.1% in 2025. Labor costs significantly influence the crop services industry, as agricultural wages have outpaced those in non-farm sectors due to a shortage of skilled workers. This increase in labor expenses, compounded by restrictive immigration policies, poses a challenge to maintaining profitability. Although revenue has risen, profit has declined as many service providers find it difficult to transfer rising wages and high purchase costs to their clients, who are themselves contending with reduced crop receipts. The pressure of keeping service prices competitive amid rising operational costs is forcing providers to implement cost-control measures such as mechanization and worker training programs to sustain profitability and continue delivering essential services to the agricultural sector. Looking ahead, the crop services industry is bracing for a period of revenue declines amid challenges in sustaining profit. With record-level crop yields forecasted through 2025, there will be increased opportunities for agricultural services to enhance harvesting efficiency and optimize yields. However, these production gains will also push crop prices downwards due to heightened global stock levels, greatly constraining farmers' spending on industry services and leading to declining revenues. Beyond 2025, planted acreage is expected to taper off, though crop prices will remain low as well, depressed by increasing international competition. Additionally, climate change and sustainability initiatives are expected to play critical roles in providing new sources of demand for adaptive and resilient farming solutions. Service providers focusing on innovation and aligning with these emerging needs—particularly within sustainable practices—can position themselves as essential partners and better weather the negative effects that dropping crop prices will have. Industry revenue is estimated to decrease at a CAGR of 1.6% to reach $33.3 billion in 2030.

The seasonally-adjusted national unemployment rate is measured on a monthly basis in the United States. In February 2025, the national unemployment rate was at 4.1 percent. Seasonal adjustment is a statistical method of removing the seasonal component of a time series that is used when analyzing non-seasonal trends. U.S. monthly unemployment rate According to the Bureau of Labor Statistics - the principle fact-finding agency for the U.S. Federal Government in labor economics and statistics - unemployment decreased dramatically between 2010 and 2019. This trend of decreasing unemployment followed after a high in 2010 resulting from the 2008 financial crisis. However, after a smaller financial crisis due to the COVID-19 pandemic, unemployment reached 8.1 percent in 2020. As the economy recovered, the unemployment rate fell to 5.3 in 2021, and fell even further in 2022. Additional statistics from the BLS paint an interesting picture of unemployment in the United States. In November 2023, the states with the highest (seasonally adjusted) unemployment rate were the Nevada and the District of Columbia. Unemployment was the lowest in Maryland, at 1.8 percent. Workers in the agricultural and related industries suffered the highest unemployment rate of any industry at seven percent in December 2023.

Printing is in the midst of a considerable and steady decline as digital products and services continue to displace printed materials. The two largest markets, advertising and publishing, have accelerated their online footprint, reducing printing demand. Recent years have witnessed a significant decline in newspaper and magazine subscriptions, exacerbating the challenges for printers. Even though printing technology has advanced, demand for traditional print has plummeted, leaving printers with excess capacity and intensifying price pressures. Shaky corporate profit, coupled with increased interest rates, has caused overall advertising expenditure to plummet. Other products, like retail catalogs and banking forms, have also experienced low demand because of the increased prevalence of e-commerce and online financial transactions. These trends and consumer habits have caused revenue to fall at a CAGR of 2.8% to an estimated $76.7 billion over the past five years, including an estimated 4.5% slump in 2025. Higher input costs and consumers’ shift to digital materials have also harmed profit for printing services. Rising paper prices, coupled with supply chain disruptions, have squeezed profit, compelling companies to seek local suppliers and explore alternative materials. The industry's players have turned to diversification, expanding into areas like web hosting and marketing services. Companies have increasingly moved into value-added creative and logistics services to offset declining print demand and provide a one-stop shop that strengthens customer relationships. Dropping demand and price pressures from excess capacity have forced printers to consolidate to maintain profit, with the number of establishments and employees declining in recent years. Greater proliferation of internal technology, such as artificial intelligence (AI), continues to impact printers’ internal workflows, boosting efficiency and lowering dependence on manual labor. Moving forward, printing services face a continuous decline fueled by consumer actions and digitization trends. Substitutes for commercially printed material, like online media, will continue to adversely affect demand. Strained profit in downstream newspaper and magazine markets may lead publishers to outsource more printing, presenting printers with short-term opportunities even as the declining publishing market remains a long-term threat. Over the next five years, revenue is expected to sink at a CAGR of 6.0% to an estimated $56.2 billion in 2030.

The hardware manufacturing industry has faced a challenging operating environment over the past five years, with industry revenue declining at a compound annual rate of 2.2%. In 2025, industry revenue is expected to reach $10.0 billion, reflecting continued pressure from downstream market volatility, supply chain disruptions and previously subdued construction and automotive activity. The current year’s revenue growth rate is expected to bounce back, by 1.3%, as the sector recovers from subdued downstream markets and ongoing cost pressures. Profitability has also been compressed, with leading firms such as Allegion Plc and Assa Abloy reporting modest profit levels in the face of rising input costs and intense competition.Despite recent contraction, the industry’s outlook is set to improve over the next five years. Forecasts project a return to growth, with industry revenue expected to rise at a 2.3% compound annual growth rate, reaching $11.2 billion by 2030. This recovery will be fueled by stabilizing interest rates, a rebound in construction and renovation activity, and renewed investment in infrastructure. Expanding downstream markets, particularly in residential and commercial construction, are anticipated to drive steady demand for builders’ hardware, doors and locks. Employment is also forecast to grow, with the industry expected to add more than 2,300 jobs by 2030, while wages are projected to increase in line with labor market trends.

Profitability will remain a key focus as manufacturers continue to navigate cost pressures and global supply chain uncertainties. Companies are investing in automation, digital transformation and supply chain resilience to protect margins and enhance productivity. The industry’s competitive landscape is expected to remain intense, with medium market concentration and a rising trend in competition as firms pursue innovation and operational efficiency. Overall, the hardware manufacturing industry is positioned for moderate recovery and gradual expansion, but success will depend on the ability to adapt to evolving market conditions and maintain cost discipline.

The recent performance of the HVACR industry has been significantly influenced by fluctuations in the residential and commercial construction markets, regulatory changes, and global trade dynamics. Initially, low interest rates spurred residential construction activity, boosting demand for heating, ventilation, air conditioning, and refrigeration (HVACR) equipment. Rate hikes by the Federal Reserve in mid-2022 cooled this demand, especially affecting the financing of construction spending. As interest rates are expected to fall in 2025, a resurgence in residential construction could drive demand, particularly in the growing Southwest market. Commercial demand has been more volatile, initially declining during the pandemic but recovering with the rise of industries like data centers that require advanced climate control solutions. The HVACR industry faces stringent energy efficiency regulations, with manufacturers pressured to innovate due to varying standards across regions. This drive for energy efficiency could lead to higher short-term costs but opens opportunities for market differentiation. On a global scale, the HVACR industry has increasingly leaned on international supply chains, with significant portions of U.S. demand satisfied by imports. Despite tariffs on Chinese, Canadian, and Mexican goods raising production costs, international trade agreements like the USMCA facilitate U.S. exports to neighboring markets. Ongoing trade tensions, coupled with tariffs, pose challenges and could increase operational costs, inflationary pressures, and economic uncertainty, affecting consumer spending and business borrowing. Industry revenue is forecast to rise at a CAGR of 1.1% to $58.6 billion through the end of 2025, with expected growth of 1.5% during the current year. Interest rate cuts and lower inflation are expected to boost residential construction by making mortgages more affordable, increasing demand for HVAC systems in new homes. Nonresidential construction will also expand significantly in the next five years, with a corresponding rise in demand for HVACR equipment for new commercial buildings. This growth in residential and commercial construction will benefit HVACR manufacturers, suppliers, and service providers, creating job opportunities and stimulating economic activity. As consumer spending rises, particularly in dining out, restaurants will need more advanced refrigeration systems, further driving demand in the HVACR sector. The HVACR industry's export opportunities, especially to Canada and Mexico, are expected to grow, although challenges like tariffs may affect production costs. Imports, primarily from Mexico and China, are increasing due to lower labor costs, but are also likely to face uncertainty or additional costs due to tariffs. Reflecting these potential developments, industry revenue is expected to grow at a CAGR of 1.9% to $64.4 billion through the end of 2030.

Graph and download economic data for All Employees, Coal Mining (CEU1021210001) from Jan 1985 to Jun 2025 about coal, logging, mining, establishment survey, employment, and USA.

During the 2021 reopening of the economy, steel and aluminum prices skyrocketed. Subsequently, consumers returned to the marketplace, increasing demand for hand tools. In addition, low interest rates and a tight housing market created widespread demand for housing construction and renovation. These factors created price jumps as supply chains struggled to keep up with the increased demand. Hand tool manufacturers could not take advantage of the skyrocketing prices as profit was still unable to offset high labor and input costs, namely aluminum. In 2025, additional volatile trade negotiations have increased input costs and supply chain issues for hand tool manufacturers, notably aluminum and steel. In the last few years, revenue increased at a CAGR of 1.3% to 12.2 billion, including an expected 4.2% boost in 2025. Recent increases in trade negotiations and tensions in 2025 have led to fluctuations in steel and metal prices, critical inputs for hand tools and cutlery, which impact the cost of goods sold. Supply chain disruptions have created input cost volatility. Disruptions and higher capital expenditures have led to an increase in the number of workers needed and improved production efficiencies, but they have also led to a 1.4% decrease in profit over the past five years. The inability of US manufacturers to raise prices in line with rising input costs amid growing competition from China contributed to declining profit. However, trade legislation has made imports more costly, which has helped return market share to domestic producers. Recently, in 2025, trade negotiations with China increased, leading to less import price competition and a bigger opportunity to recapture market share. Hand tool manufacturers will continue to struggle against import penetration, but will find continued support from trade negotiations and tariff implementation. The US is currently negotiating tariffs and trade with other countries to reduce reliance on imports, signaling a focus on boosting domestic manufacturing. A focus on boosting domestic manufacturing will continue to reduce purchases of imported goods, further allowing domestic companies to recapture market share, and creating new opportunities for US companies to expand or enter the market. Conversely, if trade negotiations increase input costs and reduce profitability, there will likely be a focus on offshoring and a decrease in the overall performance for the outlook period. However, if input costs, trade and tariff negotiations stabilize, leading to a long-term agreement, consumers will be more willing to spend capital. Domestic manufacturers will be able to lower prices for hand tools, and imports will rise in price due to trade negotiations strengthening performance in the outlook period. Revenue in the outlook period is expected to climb at a CAGR of 1.5% over the next few years, reaching an estimated revenue of $13.1 billion in 2030.

The North America Agricultural Irrigation Machinery Market size was valued at USD 7.8 Million in 2023 and is projected to reach USD 13.2 Million by 2032, exhibiting a CAGR of 5.10 % during the forecasts periods. The North America Agricultural Irrigation Machinery Market is a rapidly growing sector driven by the increasing demand for efficient water management in agriculture. The market is characterized by advanced technologies such as drip irrigation, sprinklers, and pivot systems, designed to optimize water usage and enhance crop yield. These systems are primarily used in large-scale farming for crops like corn, wheat, and soybeans. The machinery types range from manual to automated systems, integrating sensors and IoT for precise control. The impact of these technologies is profound, offering advantages like water conservation, improved crop quality, and reduced labor costs, thereby boosting agricultural productivity and sustainability in the region. Key drivers for this market are: Declining Labour Availability and Rising Cost of Farm Labour, Rapid Technological Advancements by Key Players. Potential restraints include: High Cost of Agricultural Machinery and Repair, Data Privacy Concerns in Modern Farming. Notable trends are: Increasing Water Scarcity Driving the Adoption of Micro-irrigation.

Graph and download economic data for Labor Force Participation Rate - Women (LNS11300002) from Jan 1948 to Jun 2025 about females, participation, 16 years +, labor force, labor, household survey, rate, and USA.

Business insurance companies have faced a rollercoaster of changes in recent years, with employment levels in the US serving as a primary catalyst for its performance. With unemployment rates affecting both business activity and demand for insurance, notably workers' compensation policies, shifts in employment have had direct repercussions on the industry. COVID-19 initially brought about substantial challenges, as soaring unemployment and reduced business activity significantly hindered demand for the industry’s services. Yet, with government programs like the Paycheck Protection Program providing a lifeline, the industry managed to navigate through the tumultuous period without significant decline. The narrative shifted as pandemic-related restrictions eased and the economy rebounded. The unemployment rate dramatically fell from a peak of nearly 15% in 2020 to a mere 3.5% by the end of 2023, rejuvenating demand for business insurance. As employment surged and businesses expanded their operations, there was an accompanying rise in demand for diverse insurance products. Providers responded by customizing offerings tailored to the specific needs of various industries, further driving growth. More recently, higher interest rates have reduced consumer demand and caused the job market to slow. Since employment growth declined, revenue only expanded by 1.5% in 2024. Overall, revenue for business insurance companies is anticipated to swell at a CAGR of 2.8% over the past five years, reaching $278.4 billion in 2024. Looking ahead, business insurance companies are poised to capitalize on stable economic conditions over the next five years, with US GDP expected to grow at a steady pace. Though employment growth is anticipated to be slower, driven by a saturated job market and limited population increases, providers will likely benefit from strong corporate profit and consumer confidence, fostering new business creation and insurance investment. However, potential changes in trade policies under a new administration and the looming impacts of climate change present potential challenges. Rising premiums in disaster-prone areas may influence regional market dynamics, potentially prompting shifts in business and population distribution across the US. Despite these challenges, technological advancements, particularly in AI and automation, will offer new avenues for operational efficiency and customer engagement, cementing long-term growth prospects for larger players and niche-focused smaller firms. Overall, revenue for business insurance providers is forecast to inch upward at a CAGR of 1.6% over the next five years, reaching $300.8 billion in 2029.

The industry has exhibited strong growth over the past five years, rebounding from the low point caused by the pandemic. Growth has been supported by robust demand from downstream markets such as automotive, aerospace and construction. Companies have seen an improvement in profit as labor fees have dropped, allowing more efficient operations. Investments in process automation and lean manufacturing methods have allowed facilities to operate with reduced overhead. Steady performance in the US automotive market provided a significant portion of end-user demand, helping to prop up order volumes. Construction activity across private and public projects also boosted the need for stamped and forged metal products. Aerospace component manufacturers maintained procurement volumes, further supporting the industry’s output. Tariffs on imported metals, initiated in 2018 and continued in 2025, increased domestic sourcing, driving volume for US-based suppliers. Technology upgrades contributed to product quality and plant productivity consistency, indirectly shoring up revenue streams. Mergers and acquisitions within downstream markets have affected buying patterns, but demand for stamped and forged products remained steady.

Over the past five years, the industry saw modest revenue increases propelled by cost efficiencies and stable market demand. A gradual decrease in labor fees enhanced company profit, providing additional funds to invest in new equipment and quality controls. The US government’s continued investment in infrastructure projects helped maintain construction-related demand for metal components. Automotive manufacturers kept a steady need for stamped and forged parts, though fluctuations in vehicle sales sometimes shifted short-term order volumes. Demand from aerospace remained high, driven by commercial aircraft production and defense contracts that required precise metal components. Growth in the renewable energy market provided a smaller but growing customer base for wind turbine and solar panel hardware. Combining improved plant efficiency and digital inventory systems has minimized waste and expedited order fulfillment. Diversification in customer segments reduced the industry’s exposure to any single market shock. Product innovation has stemmed from improved die design and alloy mixtures, which allowed entry into specialized applications. The industry’s multi-market focus and production cost control allowed for steady revenue gains. Metal Stamping and Forging industry revenue has been expanding at a CAGR of 1.3% over the past five years and is expected to total $35.2 billion in 2025 when revenue will jump by an estimated 2.4%. Profit has risen because of decreasing labor fees. Looking forward to the next five years, the industry will see revenue expanded by continued development in both vehicle electrification and infrastructure redevelopment. Increasing use of high-strength lightweight metals in electric vehicles will drive demand for advanced metal stamping techniques. US government commitments to highway and utility grid projects will sustain strong construction market demand for metal parts. Renewable energy markets will support new applications for forging technologies as wind and solar installations multiply. Companies will see operational profit improvement from ongoing automation and workforce optimization. Import competition may decline as some buyers prioritize US-made goods after the Section 232 tariffs on steel and aluminum. Precision and efficiency upgrades in manufacturing equipment will allow for shorter production cycles and faster order deliveries. Automotive industry investment in safety and crash standards will boost demand for complex, durable metal components. Advancements in digital control systems will help streamline processes and monitor quality, reducing overhead. Reliance on downstream market strength will remain the key driver for future stability, providing a foundation for consistent and moderate expansion. Metal Stamping and Forging industry revenue is expected to expand at a CAGR of 1.5% to $37.8 billion over the five years to 2030.

The Women's, Girls' and Infants' Apparel Manufacturing industry is in a state of long-term decline, as low levels of domestic product innovation and a falling number of industry operators have caused revenue to decrease over the five years to 2022. Largely as a result of overwhelming import competition, industry revenue is expected to fall an annualized 7.6% to $2.8 billion over the five years to 2022 as apparel production is moved overseas to low-cost manufacturers. Labor costs are significantly lower in developing countries and automation for apparel manufacturing is somewhat limited. As a result, most companies have moved overseas and domestic operators satisfy a relatively small portion of total demand; in 2022, imports are expected to account for 97.0% of domestic demand. Furthermore, revenue declines accelerated as domestic demand and international trade was constricted due to the COVID-19 (coronavirus) pandemic. As a result, industry revenue is expected to slightly decrease 0.5% in 2022, as the industry returns to normal production following historic lows.High import competition and increasing price pressures from the downstream retail sector has historically constrained industry profit. However, over the past five years, many operators have opted to expand their presences while many others decided to leave the industry. As a result, the number of industry operators is estimated to fall at an annualized rate of 6.3% to 4,471 companies over the five years to 2022, as industry employment fell. Given the intense price-based competition from imports produced in developing countries where labor costs are substantially lower, domestic industry operators are also increasingly opting to compete on the basis of quality, shifting their product mix from low-cost apparel to premium clothing.The industry is anticipated to experience modest growth over the five years to 2027 following the lows of 2020, with anticipated growth of an annualized 1.2% to $3.0 billion, aided by pent-up demand from the pandemic. As US economic conditions improve as business reopen, IBISWorld expects domestic demand for industry products to increase, and exports to grow strongly. However, import substitutes will likely still capture the majority of demand. IBISWorld expects industry profit to remain relatively stable as the industry increases its focus on manufacturing high-end products that can be sold at higher prices.

Background check providers have enjoyed growth over the current period. The robust demand for background check services, which spans a variety of corporate clients and smaller businesses, creates a consistent demand niche for operators. Although operators continue to enjoy robust demand, shaly economic conditions and volatility in the overall labor market has affected their rate of growth. The outbreak of the pandemic and rising interest rates hindered the labor market in 2020 and 2023. Overall, revenue grew at a CAGR of 2.8% to an estimated $4.5 billion over the past five years, including an anticipated 2.1% decline in 2024. One of the factors bolstering background check providers has been the rising digitization and automation of individuals' private and public records. High price competition led to the growing consolidation of background check providers, while many smaller companies exited the industry because of the inability to compete effectively. As the number of companies declined, profit increased because of lower competition in many local markets and reduced labor costs associated with increased automation. Also, three large corporations went public, which enabled them to expand their market shares, consolidation and profit. Over the outlook period, background check providers will face difficulties as the labor market lags early. Still, as the great resignation's impact subsides and tech and finance companies ramp up hiring, they will enjoy strong growth. Consolidation will continue, reducing the number of background check providers and expanding larger background check providers’ market share. As companies invest more in technology, such as artificial intelligence (AI) and small companies continue to exit the industry, profit will expand as wage costs dip as a share of revenue. Changes in regulations will make background checks more complicated over the outlook period. Continuous real-time background screening services will provide consistent growth. Revenue is forecast to grow at a CAGR of 0.5% to an estimated $4.6 billion through the end of 2029.

Long-term unemployment surged in the United States in the aftermath of the Global Financial Crisis (2007-2008) and Great Recession (2008-2009). The long-term unemployment rate did not fall below its pre-Great Recession levels until March 2020, which was caused by the surge in the numbers of regular unemployed persons in the U.S., not by a decrease in the absolute number of long-term unemployed. Long-term unemployment is defined as a worker who is seeking work having been unemployed for 27 weeks or longer. This is a serious problem in the United States as many long-term unemployed workers have low levels of educational attainment, have worked in declining industries in the past (such as some primary or manufacturing sectors), or come from minority groups. Active labor market policies are used to address these issues, with schemes such as training and job-sharing schemes aiming to improve the job prospects of the long-term unemployed. The question of whether automation and other structural changes to the economy are causing a secular increase in long-term unemployment is a key issue facing the U.S. in the 21st century.