The number of employees in Italy's Accommodation and Food Service Activities sector is projected to grow steadily from 2024 to 2028. Starting at 1.6806 million in 2024, employment is expected to reach 1.7751 million by 2028. This reflects a consistent pattern of year-on-year growth, with the most recent estimates for 2023 positioning employment slightly below the 2024 forecast. The compound annual growth rate (CAGR) indicates a moderate, stable increase over the five years, averaging around 1.4% annually.
Future trends to consider include:
- Technology integration in services may impact employment patterns.
- Potential effects of economic fluctuations or policy changes on labor demand.
- Shifts in consumer behavior post-pandemic potentially influencing sector dynamics.
