Forecast: Number of Employees in Manufacture of Basic Iron and Steel Sector in Germany

As of 2023, the number of employees in the German basic iron and steel manufacturing sector was approximately 125.53 thousand. Forecasted data from 2024 to 2028 shows a gradual decline in employment figures, with a CAGR indicating a steady decrease. Year-on-year percentages reflect a consistent, slight contraction, showcasing challenges in maintaining workforce levels amid technological advancements and global competition.

Future trends to watch include:

  • Impact of automation and Industry 4.0 on employment dynamics.
  • Potential trade policy shifts affecting international demand and labor requirements.
  • Environmental regulations pushing for sustainable practices impacting labor needs.

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