Employment in Germany's Mining and Quarrying Sector has shown a consistent decline from 57.0 thousand FTEs in 2013 to 25.17 thousand FTEs in 2023, representing a year-on-year decrease of 10.76% as of 2023. The Compound Annual Growth Rate (CAGR) over the last five years stands at -10.52%. This trend highlights a steady reduction in workforce linked to sectoral shifts and possibly technological advancements reducing the need for traditional labor-intensive roles. The forecast indicates a continued decline, projecting employment to fall to 10.44 thousand FTEs by 2028, with a five-year CAGR of -13.97%.

Future trends to watch:

Impacts of automation and digitalization on employment.
Policy changes and environmental regulations affecting industry operations.
Potential shifts in global demand and supply dynamics in the mining industry.
Opportunities for workforce re-skilling and transitions to renewable energy sectors.