Employment in the event catering sector in Norway has experienced notable fluctuations over the past decade. Documenting a peak in 2013 with 3.53 thousand Full-Time Equivalents (FTEs), employment dropped considerably in the ensuing years, reaching a low of 2.75 thousand in 2018. The sector saw minor recovery fluctuations, but employment remains relatively stagnant, with a minor recovery and a current value of 2.93 thousand in 2023.
Year-on-year analysis of the recent years highlights modest positive trends. For instance, the sector saw a slight increase of 0.41% from 2022 to 2023. In the past five years, the employment trend modestly increased with a CAGR of 1.26%.
Forecasted data from 2024 through 2028 suggests stable, albeit minor growth in employment, shown by a forecasted 5-year CAGR of 0.32% and an overall growth of 1.6% by 2028.
Future trends to watch for:
- Technological advancements in event catering leading to possible reduced labor requirements
- Potential government policies or economic changes affecting the hospitality sector
- Increase in large-scale events post-pandemic driving the demand for more labor
