Forecast: Construction Employment in Finland

The construction employment in Finland fluctuated over the past decade, reaching 190.65 thousand persons in 2023. Post-2013, a decline was observed until 2015, followed by a significant recovery peaking in 2018 at 197.78 thousand persons. A minor decline was noted until 2021, after which employment slightly increased, indicating stability. The average annual growth rate (CAGR) for the past five years stands at -0.73%, indicative of moderate fluctuations but overall stability in recent years. Forecasted data suggests a mild annual increase, with a CAGR of 0.26% expected, leading to a predicted employment of 193.88 thousand persons by 2028.

Future trends to watch for include the impact of technological advancements and automation on employment, governmental infrastructure investments, and economic conditions that could influence construction activity levels and job availability in the sector.