The employment in the iron ore mining sector in Spain experienced fluctuations between 2014 and 2023, starting with 52 units in 2014 and reaching 47 units in 2023. The sector saw notable declines in specific years, such as a significant drop in 2019 and 2020, followed by mild recoveries in 2021 and subsequent years. The year-on-year variation shows major percentage changes, with marked decreases of -15.52% in 2019 and -18.37% in 2020, and positive changes in 2021 (10%) and 2022 (4.55%). The Compound Annual Growth Rate (CAGR) over the last five years to 2023 is -4.12%. Forecasts for 2028 predict a slight decrease with a CAGR of -0.43%.
Future trends to watch for include technological advancements that might influence employment needs, policy changes affecting the industry, and economic fluctuations that could impact overall demand and sustainability of employment levels within the sector.