The number of employees in the Electrical Equipment sector in Finland has seen fluctuations from 2013 to 2023. In 2013, the employment figure was 16.5 thousand, which saw a minor increase in 2014 to 16.8 thousand. Despite slight ups and downs in the following years, the figure consistently hovered around 16 thousand. By 2023, the employment number had decreased to 15.9 thousand. The average annual growth rate (CAGR) indicated a slight declining trend over the years.
Key trends observed over the period include:
- Decrease in employment from 16.5 thousand in 2013 to 16.0 thousand by 2023.- Minor fluctuations year-on-year with a peak at 16.8 thousand in 2014 and a decline in subsequent years.- Relatively stable employment numbers from 2019 to 2022, maintaining around 16.0 thousand.- The overall trend depicts a slow decline with an average decreasing rate of about -0.25% CAGR from 2023 to 2028.
Future Trends to Watch:
- Technological advancements and automation could further impact employment numbers.- Industry shifts towards sustainable and smart electrical equipment might create specialized job roles.- Potential economic impacts and policy changes related to the electrical sector could influence future employment trends.
