The number of employees in the radio broadcasting sector in Norway shows a declining trend from 2024 to 2028. Starting at 342 employees in 2024, the sector is forecasted to decrease annually, reaching 322 employees in 2028. The annual year-on-year percentage variation indicates a steady decrease, averaging around -1.5% per year. Over the five-year period, the Compound Annual Growth Rate (CAGR) is approximately -1.5%, highlighting a consistent reduction in workforce numbers.
Future trends to watch for:
- Technological advancements: Automation and digital broadcasting may further reduce the need for manpower.
- Market consolidation: Economic conditions might lead to mergers and acquisitions, impacting employment levels.
- Changes in consumer behavior: Shifts towards on-demand media could affect traditional radio broadcasting employment.