Forecast: Employment in Electric Power Generation, Transmission and Distribution Sector in Finland

The employment in the electric power generation, transmission, and distribution sector in Finland stood at 11.12 thousand full-time equivalents (FTEs) in 2023. From 2013 to 2016, employment experienced a consistent decline, with year-on-year variations ranging from -3.27% to -4.51%. An upward trend emerged in 2017, seeing a 7.39% increase. Over the past five years (2019-2023), the sector's average annual growth was relatively stable with a CAGR of 1.11%. However, recent data indicates a minor decline, with variations of -0.21% and -0.2% in the last two years.

Forecasts from 2024 through 2028 predict a slight downward trend in employment levels, with an average annual decrease reflected in a -0.12% CAGR. This signals a forecasted growth rate of -0.6% over the five-year period.

Future trends to watch for include technological advancements in the energy sector, the renewable energy shift, and government regulations. These elements could significantly impact employment levels, potentially driving a more skilled workforce demand or altering operational requirements within the industry.