The forecast for employment in Germany's Accommodation and Food Service Activities sector from 2024 to 2028 projects a steady growth from approximately 2.91 million employees in 2024 to 3.25 million in 2028. Comparing year-on-year data, there is a consistent increment, with the most significant increases expected in the latter years of the forecast period. As of 2023, the employment level was slightly below the forecasted figure for 2024, indicating a positive growth trajectory.
Future trends to watch for:
- Post-pandemic recovery and increased tourism potentially driving higher employment.
- Technological advancements and evolving consumer preferences impacting job types and skills required.
- Potential economic fluctuations and regulatory changes influencing sector dynamics.