The number of persons employed in publishing in Mexico has seen a general decline from 2013 to the present year, 2024. Employment peaked in 2015, reaching 35.2 thousand jobs, but has since experienced a steady reduction. The year-on-year variations show occasional slight increases, such as a 3.37% rise in 2015, but the overall trend is downward. Most notably, there have been continuous negative year-on-year percentage changes from 2017 onwards. The employment figure for 2023 stood at 30.45 thousand jobs.
Focusing on the 5-year CAGR, there was a slight improvement in 2015, but on average, the CAGR has been negative, indicating a sustained contraction in the industry's workforce. From 2017 to 2023, the CAGR fluctuated around a range from -1.58% to -0.43%. The forecast for 2028 predicts a continued downward trend, with a forecasted 5-year CAGR of -0.61% and an overall growth rate of -3.01% over this period.
The forecasted decline in employment in publishing through 2028 suggests several future trends to watch for:
- Digitization and automation increasing efficiency but reducing job needs.
- Potential shifts towards new media and multimedia platforms impacting traditional publishing jobs.
- Continued globalization and competition from international markets.
