The employment in the Wholesale of Metals and Metal Ores sector in Austria has shown a consistent decline from 2013 to 2023, starting at 3.95 thousand FTEs in 2013 and decreasing to 3.53 thousand FTEs by 2023. This reflects an overall downward trend with fluctuations year-on-year. Variations over the last two years show a decline of approximately -1.06% for 2022 and -1.04% for 2023. The compound annual growth rate (CAGR) over the last five years averages at -0.93%, illustrating a steady reduction in employment in this sector.
Future trends to watch for include an anticipated continued decline with a forecasted 5-year CAGR of -0.9%, suggesting an employment level of 3.33 thousand FTEs by 2028. Careful monitoring of market conditions, technological advancements, and policy changes will be crucial for future strategic planning in this sector.
