Forecast: Passenger Transport Employment in Australia

Over the 2013-2023 period, passenger transport employment in Australia demonstrated variability, with notable influences such as a decline in 2020 attributed to the COVID-19 pandemic. Employment numbers rebounded strongly in 2021 with a 15.23% increase, followed by continued growth into 2022 and 2023, where it stood at 73.71 thousand employees. The annual growth rate has been positive since 2021, with an average annual increase (CAGR) of 0.14% over the past five years. Looking ahead, forecasts predict a continued upward trajectory, culminating at 77.39 thousand employees in 2028, underpinned by a 5-year CAGR of 0.77%, indicating modest but steady growth.

Future trends to watch for include:

  • Technological advancements in transport infrastructure and their impact on employment needs.
  • Policy changes regarding sustainability and their influence on the industry.
  • The potential continuing effects of global health events on employment levels.

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