The forecast for hours worked in the construction of residential and non-residential buildings in Italy suggests a consistent decrease, beginning at 244.1 million hours in 2024 and declining to 189.22 million hours by 2028. For context, the industry stood at 258.43 million hours in 2023. This represents an annual compounded decrease rate of approximately 6% over the five-year period, with year-on-year declines of 5.7% from 2024 to 2025, 6% from 2025 to 2026, 6.3% from 2026 to 2027, and 6.7% from 2027 to 2028.
Future trends to observe include potential impacts of regulatory changes, advancements in construction technology, shifts in investor focus, and broader economic conditions which could influence labor requirements, potentially stabilizing or altering this forecasted downtrend.
