The employment in the Accommodation and Food Services sector in France has demonstrated steady growth from 2013 to 2023, reaching 979,000 full-time equivalents. The year-on-year variation from 2022 to 2023 was 1.35%, slightly below the 1.41% CAGR observed over the past five years. In the foreseeable future, employment is forecasted to increase, reaching 1,040,000 full-time equivalents by 2028, though the forecasted 5-year CAGR stands at a modest 0.95%, reflecting a deceleration compared to previous periods.
Future trends to watch for include:
- Potential impacts of automation and digital transformation on employment rates.
- Shifts in consumer behavior and demand for accommodation and food services.
- Policy changes and economic conditions that might influence sectoral growth.
- Evolving labor market dynamics and potential skills gaps.