The United States leads global retail trade in total hours worked with 20.66 billion hours, despite a slight decrease of 0.3% in 2023. Italy and Spain follow with 3.77 and 3.3 billion hours respectively, showing varied growth trends in 2023. Poland exhibits significant growth at 0.24%, while the Netherlands also experiences positive growth at 0.15%. Smaller markets like Slovenia and Luxembourg saw notable percentage increases of 0.26% and 0.82%, respectively. Conversely, Finland experienced a large decline of 0.82%, indicating potential challenges in maintaining workforce hours.
Looking ahead, the future trends to watch for include digital transformation influencing retail labor demands, potential economic impacts affecting workforce levels, and shifting consumer habits that might alter traditional retail hours. Additionally, technological advancements and automation could play a significant role in redefining labor needs in various countries.
Top countries in Total Hours Worked in Retail Trade (Except of Motor Vehicles and Motorcycles) by Country
| # | 10 Countries | Million Hours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 20,660 | 2023 | +0.024% | -0.3% | View data |
| 2 | 2 Italy | 3,770 | 2023 | -0.22% | -0.24% | View data |
| 3 | 3 Spain | 3,300 | 2023 | -0.0086% | +0.095% | View data |
| 4 | 4 Poland | 2,940 | 2023 | -0.05% | +0.24% | View data |
| 5 | 5 Greece | 1,060 | 2023 | -0.15% | +0.0017% | View data |
| 6 | 6 Netherlands | 934 | 2023 | +0.32% | +0.15% | View data |
| 7 | 7 Czech Republic | 679.97 | 2023 | -0.16% | -0.26% | View data |
| 8 | 8 Hungary | 587.59 | 2023 | -0.061% | +0.14% | View data |
| 9 | 9 Austria | 522.02 | 2023 | +0.15% | +0.016% | View data |
| 10 | 10 Sweden | 463.97 | 2023 | +0.47% | +0.47% | View data |
