Forecast: Employment in Water Collection, Treatment and Supply Sector in Austria

The employment in the Water Collection, Treatment, and Supply Sector in Austria has demonstrated fluctuating trends from 2013 to 2023, initially increasing to 1.64 thousand FTE in 2014 before declining to 1.15 thousand FTE by 2023. This indicates a significant downward trend with notable decreases in recent years — 5.17% in 2022 and 5.28% in 2023. The Compound Annual Growth Rate (CAGR) over the last five years (2018-2023) was -4.74%, showing a consistent annual decline.

Future trends to watch for include potential technological advancements in water management that could further reduce employment needs, regulatory changes that may impact the sector, and environmental factors such as climate change which could alter water supply demands. A forecasted CAGR of -4.98% from 2023-2028 indicates a continued decline in employment, potentially reaching 0.839 thousand FTE by 2028, a reduction of over 22% from 2023 levels.

Top Countries about Water Supply