The forecast for employment in Italy’s electrical equipment manufacturing sector indicates a steady decline from 133,880 employees in 2024 to 121,000 employees by 2028. Given that in 2023 the employment figure was slightly above 133,880, this represents a noticeable downward trend. The sector is experiencing a decreasing year-on-year variation, with employment rates declining steadily each year. An average annual rate of decrease (CAGR) is observed over this extended period, emphasizing a challenging outlook for workforce numbers in the sector.
Future trends to watch for include:
- Technological advancements potentially impacting labor needs.
- Market demand fluctuations affecting employment rates.
- Italy's policy changes regarding industrial manufacturing and employment stimulation.
