Forecast: Employment in Stone, Sand and Clay Quarrying Sector in Finland

Employment in Finland's Stone, Sand, and Clay Quarrying sector has been fluctuating over the past decade, reflecting a series of negative and positive year-on-year variations. Employment stood at 1.08 thousand in 2023, which marks a negative trend since 2022, with year-on-year variations of -3.14% from 2022 to 2023. The average annual growth rate for the preceding five years (2019-2023) was -2.39%. The forecast from 2024 onwards indicates a continuing decline, with a projected five-year CAGR of -2.7%, leading to an overall 12.8% reduction by 2028.

Future trends to watch for include potential industry restructuring, technological advancements, and changing demand dynamics that could influence employment patterns. Additionally, environmental regulations and sustainable practices may impact the sector's labor requirements moving forward.

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