The employment in the Building Completion and Finishing sector in Belgium has shown a consistent decline over the past decade, dropping from 31.01 thousand in 2013 to 26.53 thousand in 2023. This represents a year-on-year decrease of approximately 2.14% between 2022 and 2023. Over the last five years (2018-2023), the sector has seen an average annual contraction rate (CAGR) of 2.88%. Future forecasts indicate a continued downward trend, with an expected employment figure of 23.71 thousand by 2028, reflecting an annual average decline rate of 1.79% over the next five years.
Future trends to watch for include the impact of technological advancements and automation, which could reduce the demand for labor in the sector. Additionally, policy changes and economic conditions will play a critical role in shaping employment levels. Environmental regulations pushing for greener buildings might also alter the employment landscape, potentially creating demand for new skill sets within the sector.
