Forecast: Employment in Non-Metallic Mineral Products Sector in Finland

The Non-Metallic Mineral Products sector in Finland has experienced a consistent decline in employment from 2013 to 2023, with total working hours reducing from 23.1 million hours to 18.8 million hours. The year-on-year variation has shown a fluctuating trend but predominantly negative, indicating a steady downturn in employment. The Compound Annual Growth Rate (CAGR) over the last five years stands at -2.19%, reflecting an ongoing contraction.

From 2024 onwards, the forecast continues to predict a decline in employment, with working hours expected to decrease to 17.2 million hours by 2028. The forecasted five-year CAGR is -1.34%, signifying a moderate pace of decline.

Trends to watch for in the future include:

• Automation and technological advancements possibly reducing the demand for manual labor.
• Shifting market demands and potential changes in raw material availability impacting the sector.
• Environmental regulations influencing production processes and employment structures.