Forecast: Employment in Activities of Employment Placement Agencies Sector in Finland

Employment in the Activities of Employment Placement Agencies sector in Finland recorded significant fluctuations from 2013 to 2023. The sector experienced steady growth from 2013 to 2018, peaking at 764 units in 2018, with intermittent variations such as a notable dip in 2016. The year 2019 saw a sharp decline of 53.27%, hitting a low of 357 units. Recovery was observed in subsequent years, with a moderate growth trend, reaching 561 units in 2023.

The year-on-year growth rates over the past two years have been consistent, with 5.56% in 2022 and 5.45% in 2023. Over the last five years, the sector displayed an average annual decrease (CAGR) of -5.99% up to 2023, indicating a volatile performance.

Future trends to watch for include the forecasted steady annual growth, with a CAGR of 3.51% projected over the next five years, indicating a period of stabilization and gradual increase in employment within the sector. The sector is expected to grow by approximately 18.85% by 2028, reaching 700 units.

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