The forecast data suggests a steady decline in the number of employees in the support activities for oil and gas extraction sector in Brazil from 2024 to 2028, with figures decreasing from 16.72 thousand employees in 2024 to 13.45 thousand in 2028. This marks a year-on-year decrease of approximately 5% to 6% annually. In 2023, the actual number of employees was higher, indicating a trend of contraction in the workforce.

Future Trends to Watch For:

A continued shift towards technological advancements and automation which could further reduce workforce requirements.
Potential regulatory changes in the energy sector impacting employment levels.
Economic and geopolitical factors influencing oil and gas demand and subsequently, support services.