From 2013 to 2018, the employment in construction services experienced fluctuating growth, including a significant dip in 2018. Stabilization and recovery began post-2018, with employment numbers rising steadily. Notably, the 2023 employment forecast shows a 1.74% year-on-year growth. Looking ahead, employment in this sector is expected to continue growing at a 5-year CAGR of 1.27%, reaching 101.11 thousand employees by 2028.
Future trends to watch include the impact of evolving construction technologies, sustainability initiatives, and potential policy changes influencing labor demand. These factors may significantly shape the job market dynamics in this sector.
