The employment services sector in Finland experienced significant growth between 2013 and 2023. Starting at 59.6 million hours in 2013, it climbed to a peak of 117.3 million hours in 2023. The most notable increases were in 2017 (14.62%) and 2016 (10.8%). Despite a dip in 2020 with a 12.42% decrease, the sector quickly rebounded, reaching a 7.61% increase in 2023. The Compound Annual Growth Rate (CAGR) over the last 5 years stands at 3.58%.
Future trends to watch for: With a forecasted 5-year CAGR of 3.3% and a projected 17.6% growth rate through 2028, the sector is expected to continue its upward trajectory. Key areas to monitor include the impact of digitalization, shifts in labor market demands, and economic fluctuations on employment service requirements.
