The employment data shows fluctuations with a steep decline of 25.31% in 2020 due to the pandemic, but a strong recovery of 17.71% and 9.68% in 2021 and 2022, respectively. Forecasted data from 2023 onwards indicates stability and growth, with an incremental rise in employment. The 5-year CAGR ending in 2028 is projected at 0.67%, suggesting modest growth.
Future Trends to Watch
Future trends include increased automation and technological advancements, greater emphasis on sustainability, and potential labor market shifts due to policy changes. Monitoring these will provide insights into the evolving dynamics of passenger transport employment.
