Railways passenger transport employment in South Africa is projected to see a positive trend. After a decline from 2013 to 2018, the sector rebounded in 2019 and has shown steady growth since. In 2023, employment stood at 6.48 thousand jobs. Year-on-year variations were notably positive over 2022 and 2023 with increases of 2.19% and 2.11% respectively. The latest five-year CAGR (Compound Annual Growth Rate) indicates a growth rate of 6.28%. Future forecasts display a continued increase, with employment expected to reach 7.18 thousand jobs by 2028, representing a forecasted five-year CAGR of 1.61%.
Trends to watch include technological advancements in rail transport, government investment in infrastructure, and shifts in public transportation preferences post-pandemic. These factors could influence employment dynamics positively or negatively in the coming years.
