Forecast: Employment in Manufacture of Basic Iron and Steel Sector in France

The employment in the Manufacture of Basic Iron and Steel sector in France is projected to decline steadily from 31.58 thousand FTEs in 2024 to 29.69 thousand FTEs in 2028. This represents a decrease of: 2025: -1.52%, 2026: -1.54%, 2027: -1.53%, and 2028: -1.53% year-on-year. The compound annual growth rate (CAGR) over the five-year period is estimated to be -1.54%, indicating a consistent reduction in employment figures.

Future Trends to Watch for:

  • Advancements in automation and technology are likely to further influence employment levels.
  • Potential regulatory or policy changes impacting the steel industry could alter future employment trends.
  • Global competitive dynamics and market demand shifts might also affect employment trajectories.

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