The employment in the urban and suburban passenger land transport sector in Norway has shown consistent growth from 7.78K in 2013 to 15.63K in 2023. Over this period, the sector exhibited substantial variations, with notable year-on-year increases in 2016 (30.61%) and 2019 (10.1%). However, occasional reductions, such as in 2013 (-9.38%) and 2015 (-0.22%), were also observed. Especially significant is the 2023 value of 15.63K, reflecting a year-on-year growth of 3.18%. The sector demonstrated an average CAGR of 5.77% over the last five years (2018-2023), showing a robust upward trend.

Future trends to watch for:

The sector is projected to expand further, with forecasted employment reaching 17.96K by 2028.
The forecast 5-year CAGR stands at 2.21%, indicating a moderate but steady growth trajectory.
Pay attention to technological advancements such as electric and autonomous vehicles which can reshape labor needs.