As of 2023, the number of employees in Brazil's road and rail construction sector was 134.76 thousand. Forecasts indicate a steady decline, with employment decreasing from 134.76 thousand in 2024 to 101.11 thousand by 2028. This represents a significant year-on-year reduction, calculated approximately at -6.43% from 2024 to 2025, -6.73% from 2025 to 2026, -7.10% from 2026 to 2027, and -7.48% from 2027 to 2028. The compound annual growth rate (CAGR) exhibits an average annual decrease of about -7.10% over the forecasted five-year period.
Future trends to watch for:
- Infrastructure investment opportunities or policy changes potentially reversing the employment decline.
- Technological advancements increasing efficiency, possibly reducing human labor requirements.
- Economic conditions, such as inflation or GDP growth, affecting sector dynamics.
- Environmental regulations and sustainable development priorities reshaping industry employment.