Forecast: Employment in Retail Sale in Non-Specialized Stores Sector in Germany

The employment in the retail sale in non-specialized stores sector in Germany has shown a dynamic trend over the years. In 2023, the employment stood at 744.42 thousand FTE. The sector experienced fluctuations from 2013 to 2018, with notable declines in 2013 and 2018, and significant growth in 2015 and 2017. From 2019 to 2023, the employment figures demonstrated moderate and steady growth, showing a year-on-year increase of around 0.55% to 0.60% each year.

Looking forward, the forecasted data suggests a continued upward trend in employment, with a projected 5-year CAGR of 0.4% from 2024 to 2028. This indicates a stable, albeit slow, growth rate over the next few years.

Future trends to watch include:

  • The impact of technology on retail employment, such as automation and AI-driven customer service.
  • Shifts in consumer behavior towards e-commerce, potentially influencing employment in traditional retail.
  • Economic factors and policy changes that may affect the retail labor market.

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