Based on forecast data, the number of employees in the mining and quarrying sector in Germany is expected to remain constant at 36.0 thousand units from 2024 to 2025. This will be followed by a gradual decline to 35.0 thousand units in 2026, 34.0 thousand units in 2027, and 33.0 thousand units in 2028. In 2023, the actual number of employees stood at 36.5 thousand units.
Year-on-year variation:
- 2023-2024: -1.37%
- 2024-2025: 0.00%
- 2025-2026: -2.78%
- 2026-2027: -2.86%
- 2027-2028: -2.94%
The Compound Annual Growth Rate (CAGR) over the past five years reflects an average annual decrease of approximately 2.79%. This indicates a steady decline in employment within this sector.
Future trends to watch for:
- Technological advancements and automation are likely to further reduce labor demand in the mining and quarrying sector.
- Regulatory changes and environmental policies may influence employment trends.
- Global commodity prices could impact sector growth and employment levels.
- Potential shifts toward renewable energy and green jobs may divert workforce from traditional mining and quarrying activities.
