In 2023, the number of persons employed in the construction of roads and railways in Germany remained steady. The forecasted data from 2024 to 2028 indicates a consistent year-on-year growth in employment, with an annual increase ranging between approximately 1.1% and 1.4%. The Compound Annual Growth Rate (CAGR) for the period 2024-2028 is projected to be around 1.1%, highlighting a positive trend in the sector.
Future trends to watch for:
- Potential impact of infrastructure investments on employment growth.
- Technological advancements influencing the skills demand in the sector.
- Effects of environmental regulations on construction practices and employment.