In 2024, the employment in renting and leasing of construction and civil engineering machinery and equipment in Italy is forecasted to be 8.02 thousand. This marks a subtle decline from the actual figure in 2023, which stood at 8.03 thousand. The year-over-year variation from 2023 to 2024 is negative but minimal, at approximately -0.12%. Forecasts through 2028 suggest a continued gradual decrease, with the number expected to drop to 7.98 thousand employees by 2028. This represents a five-year compound annual growth rate (CAGR) of nearly -0.12%.
Future trends to watch for include the impact of technological advancements on employment in this sector, such as automation and digitization, which could further influence labor demand. Additionally, economic factors affecting construction industry growth or contractions may also alter employment forecasts.
