The employment in Italy's retail trade sector, excluding motor vehicles and motorcycles, displays a declining trend from 2024 to 2028. Starting at 762.4 thousand FTEs in 2024, it decreases to 744.53 thousand FTEs by 2028. Year-on-year, the reduction ranges between 0.6% and 0.7%, indicating a gradual but consistent contraction. The Compound Annual Growth Rate (CAGR) over the five-year period is negative, reflecting a steady decline in sector employment.
Future trends to watch for:
- Impact of digital transformation on employment and role shifts within the sector.
- Consumer behavior changes due to economic factors and sustainability concerns.
- Possibilities of regulatory changes affecting employment within the retail industry.
