Based on the forecast data for Italy's machinery sector for mining, quarrying, and construction, employment is projected to decrease from 2024 through 2028. In 2024, employment starts at 11,530 employees, declining sharply to 8,720 by 2028. The year-on-year variation shows a consistent decrease of around 6% to 7% each year. This suggests ongoing contraction, with a compound annual growth rate (CAGR) indicating a declining trend over these five years.
Future trends to watch for include technological advancements leading to automation, potentially reducing workforce requirements further, and economic conditions impacting the demand for mining and construction machinery. Policy changes on infrastructure development and environmental regulations can also affect employment levels.
