Forecast: Employment in Basic Chemicals Sector in Finland

The employment in the Basic Chemicals sector in Finland showed a gradual decline from 2013 to 2023, moving from 4.34 to 4.04 thousand full-time equivalents. The average year-on-year variation highlights minor declines yearly, averaging around -0.42% over the last two years, with a five-year CAGR of -0.17% leading to 2023. Looking ahead, the employment is forecasted to continue its downward trajectory, expected to drop further to 3.95 thousand by 2028. The projected five-year CAGR is -0.35% with an overall decline rate of -1.72%.

Future trends to watch for include potential impacts of technological advancements reducing labor demands, shifts in global demand for basic chemicals, and environmental regulations potentially reshaping industry employment dynamics.

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