In 2023, the number of persons employed in the construction of roads and railways sector in Brazil stood at a certain level before expected declines. The forecast from 2024 to 2028 anticipates a decreasing trend, with employment dropping from 137.85 thousand in 2024 to 103.92 thousand by 2028. This continuous decline suggests annual reductions, with a notable negative compound annual growth rate over these years. It indicates a structurally shrinking workforce within the sector.
Future trends to watch for:
- Potential impacts of government infrastructure spending on employment rates.
- Technological advancements influencing labor demand.
- Economic factors reshaping workforce size in the construction sector.
