From 2013 to 2023, employment in the Manufacture of Structural Metal Products sector in France exhibited varying trends. Initially, there were fluctuations, with years like 2016 and 2018 showing significant declines (-4.11% and -7.95% year-on-year respectively). However, a notable recovery phase began in 2019, leading to a steady rise in employment figures, reaching 71.86 thousand full-time equivalents in 2023. Over the last two years, the variation has been a moderate 0.6% year-on-year increase. The compound annual growth rate (CAGR) over the past five years stands at 2.64%.
Looking ahead, forecasted data up to 2028 suggests a continued growth trend, albeit at a slower pace. The forecasted CAGR for the next five years is 0.46%, translating to a cumulative growth of 2.3% by 2028. This indicates a stable employment environment with a projected value of 73.94 thousand full-time equivalents in 2028.
Future trends to watch for include the impact of technological advancements and automation on employment figures, changes in industry regulations, and potential shifts in domestic and international market demands that could influence job creation within the sector.
