The employment data for the computer, electronic, and optical products sector shows Japan and South Korea leading with 529,000 and 515,100 employees respectively. Despite a forecasted decline, Germany's sector showed slight growth in 2023. Countries like the UK, Italy, and France exhibit marginal declines. Smaller economies like Luxembourg and Spain indicate significant contraction. The employment rate is relatively stable in Switzerland, Poland, and Estonia. The five-year CAGR analysis reflects modest contraction overall. There is a notable trend of negative growth across various European countries, highlighting the sector's challenges globally.
Future trends to monitor include technological advancements, potential shifts in labor demand due to automation, and policy impacts on manufacturing sectors. Countries investing in innovation and training may see stabilized employment figures despite the current downturn.
Top countries in Number of Persons Employed in Computer, Electronic and Optical Products by Country
| # | 10 Countries | Thousand Units (Persons) | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Japan | 529 | 2023 | -2.94% | -2.62% | View data |
| 2 | 2 South Korea | 515.1 | 2023 | -0.39% | -0.29% | View data |
| 3 | 3 Germany | 392 | 2023 | +0.77% | +0.89% | View data |
| 4 | 4 United Kingdom | 109.24 | 2023 | -1.69% | -1.42% | View data |
| 5 | 5 Switzerland | 106.29 | 2023 | +0.52% | +0.37% | View data |
| 6 | 6 Italy | 99.2 | 2023 | -0.9% | -0.83% | View data |
| 7 | 7 Poland | 88.6 | 2023 | +0.23% | +0.25% | View data |
| 8 | 8 France | 81 | 2023 | -1.22% | -1.42% | View data |
| 9 | 9 Hungary | 75.82 | 2023 | -0.31% | -0.88% | View data |
| 10 | 10 Czech Republic | 49.06 | 2023 | +0.31% | -1.23% | View data |