Forecast: Employees in Mining and Quarrying Sector in Chile

The number of employees in the Mining and Quarrying sector in Chile has shown significant fluctuations over the past decade. From a peak in 2013, there was a notable decline until 2017, followed by an uptick between 2018 and 2019. However, 2020 saw a sharp decline likely due to the global pandemic. The sector regained some strength in 2021 and stabilized through to 2023, standing at 218.13 thousand units (persons). The forecasted data from 2024 to 2028 suggests a very modest growth, averaging an annual increase of 0.18% over the next five years.

Key trends:

  • 2013-2017: Declining trend with notable year-on-year decreases.
  • 2018-2019: Recovery phase with a significant increase in 2019.
  • 2020: Sharp decline due to global disruptions.
  • 2021-2023: Stabilization and slight recovery.

Future trends to watch for include technological advancements, sustainability concerns, and global demand fluctuations which may impact employment levels in this sector, as well as potential regulatory changes within the mining industry.

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