Employment in the natural gas extraction sector in the Netherlands has seen a declining trend since 2015. From its peak of 3.11 thousand full-time equivalents (FTEs) in that year, employment levels have consistently decreased, reaching 2.02 thousand FTEs in 2023. The year-on-year variation shows a continuation of this decline, with the sector experiencing an average annual decrease (CAGR) of -3.39% over the past five years.
Future forecasts for the period up to 2028 predict a continued decline in employment, with an expected average annual decrease (forecasted 5-year CAGR) of -3.26%. By 2028, employment is projected to fall to around 1.64 thousand FTEs. This aligns with a broader observation of a steady 15.26% decline over this forecasted period.
Trends to Watch For:
- Advancements in automation and technology potentially leading to further job reductions.
- Policy shifts towards renewable energy sectors, possibly accelerating the decline in natural gas extraction employment.
- Fluctuations in global natural gas demand and prices impacting employment rates.
