The total hours worked in Human Health Services in Austria have shown a consistent upward trend from 2013 to 2023, reaching 436.4 million hours in 2023. The sector observed fluctuations in annual growth rates, with notable year-on-year variations such as a peak of 4.17% in 2016 and a low of -0.86% in 2015. The five-year CAGR before 2023 was 0.6%, indicating steady albeit modest growth.
From 2024 onwards, forecasts suggest a moderate but consistent growth in hours worked, with a five-year CAGR of 0.41%. The total hours are projected to rise by roughly 2.09% by 2028, continuing the historical trend of incremental increases.
Future trends to watch for include technological advancements in healthcare, the impact of demographic shifts like aging populations, and potential changes in healthcare policy. These factors could significantly influence labor demand and efficiency in the Human Health Services sector.
