In 2024, the total hours worked in the coke and refined petroleum products sector in Italy is forecasted to be 23.07 million hours. This represents a decline compared to 2023, indicating a downward trend in labor requirements. From 2024 to 2028, the total hours worked is expected to gradually decrease, with estimates showing a reduction to 20.1 million hours by 2028. The consecutive annual percentage declines suggest a consistent downtrend.
Key future trends to watch for include:
- Technological advancements potentially decreasing labor needs further.
- Regulatory impacts and environmental policies influencing production methods and efficiency.
- Global market dynamics affecting domestic production demands.
