Growing Economy Drives Labor Force Growth

Growing Economy Drives Labor Force Growth

The US civilian labor force is forecast to reach 167 million people in 2022 on annual average growth of less than 1.0%. At the same time, the number of unemployed workers in the labor force is expected to increase by 1.7% annually to 2022.


Snack Foods Grow More Ubiquitous

Snack Foods Grow More Ubiquitous

US demand for snack foods is forecast to total $93.2 billion in 2022. In recent years, some younger consumers (e.g., millennials) have moved away from the traditional three meals per day and shifted into a lifestyle involving increased snacking, or multiple smaller meals, throughout the day, generating greater demand for snack foods and a rise in the number and variety of new product offerings.