The employment in the Agricultural Products and Livestock Sector in Sweden has seen varying trends over the past decade. After peaking in 2014 at 154.26 million hours, there was a general decline, with significant drops in 2016 (-4.66%) and 2019 (-6.41%). Although there was a brief recovery spike in 2020 (+6.94%), the overall trend returned to a gradual decrease, leading to 139.61 million hours in 2023, a -0.56% drop from the prior year.
The Compound Annual Growth Rate (CAGR) over the last five years (2018 to 2023) is -0.63%, highlighting a long-term downward trend. Projected data for 2024-2028 forecasts a continuous decline with a forecasted CAGR of -0.45% and an estimated employment volume of 135.76 million hours by 2028.
A few future trends to watch for include the impact of technological advancements on employment, shifts in governmental agricultural policies, and potential market volatility from climate change. Adaptation strategies could significantly influence employment dynamics within this sector.
