• The space economy is growing at an annual rate of 9% globally.
• Space-sector employment increased by 27% in the decade through 2024.
• Young workers under 35 account for nearly half of new jobs in the space economy.
• The sector faces labor shortages, particularly in skilled manufacturing positions.

The rapid growth of the space economy may indicate a shift in industry priorities towards commercialization and satellite technology, which could lead to increased demand for skilled labor and drive innovation in the sector. This trend suggests that companies like SpaceX and Firefly Aerospace may need to invest in early talent development and training programs to address labor shortages.