The mining and quarrying sector in Italy is projected to witness a consistent decline in employment from 2023 to 2028. Starting at an actual number of approximately 14.27 thousand employees in 2023, the employment figures are forecasted to decrease to 10.3 thousand by 2028. This indicates a year-on-year average reduction of around 6.5% over the period. The compound annual growth rate (CAGR) for 2024-2028 is negative, signaling an ongoing contraction in workforce numbers.
Future trends to watch for:
- Advancements in automation and technology impacting workforce requirements.
- Environmental regulations potentially influencing operational capacities.
- Shifts in global demand for resources affecting mining and quarrying activities.