Forecast: Employment in Mining and Quarrying Sector in Belgium

The employment in the Mining and Quarrying sector in Belgium has shown fluctuations over the past decade. In 2023, employment stood at 3.71 million hours. Over recent years, the sector experienced some notable variations with a significant decrease of 6.52% in 2020, followed by smaller declines in subsequent years. The average annual variation over the past five years has been approximately -1.33%.

Looking ahead, forecast data suggests a continued slight decline with an average annual growth rate of -0.12% projected over the next five years and a cumulative decrease of 0.62% by 2028. This indicates a gradual reduction in employment hours in the sector.

Future trends to watch for include advancements in automation and technology, regulatory changes impacting mining activities, and shifts in global demand for mined resources. These factors could significantly influence employment trends in the industry moving forward.