Employment in the Services to Buildings and Landscape Activities sector in Italy has demonstrated considerable fluctuations from 2013 through 2023. In 2023, the employment level stood at 247.59 thousand FTEs, with a consistent downward trend marked by year-on-year declines: -2.53% in 2022, and -2.57% in 2023. Over the recent five-year span up to 2023, the compound annual growth rate (CAGR) indicated an average yearly reduction of approximately -2.32%. Looking ahead, forecasts suggest continued contraction in employment levels, with projected figures showing a decrease to 215.89 thousand FTEs by 2028, corroborated by the forecasted five-year CAGR of -2.19%.
Key future trends to monitor include:
- Potential shifts in demand for services due to environmental regulatory changes.
- Impact of technological advancements and automation on employment.
- Economic factors affecting the real estate and construction industries.
