In 2023, the Brazilian Wholesale and Retail Trade and Repair of Motor Vehicles and Motorcycles sector's workforce reached approximately 943,000 employees. From 2024 to 2028, the number of employees is forecasted to grow at a modest pace, starting from 947.94 thousand in 2024 to 965.41 thousand in 2028, demonstrating an average annual growth rate, or CAGR, of around 0.5%. The year-on-year growth remains consistent, reflecting stable employment conditions in the sector.
Future trends to watch include technological advancements in automotive repairs and retail operations, potentially impacting labor demand. Additionally, shifts in consumer preferences towards electric vehicles could alter market dynamics and workforce requirements.
