The United States leads in employee hours in the basic metals and fabricated metal products sector with 3.53 billion hours, despite a moderate decline of 1.39% in 2023. Japan and Germany, with 2.15 and 1.56 billion hours respectively, also show minor declines. Italy and Poland are notable for positive growth, increasing by 1.01% and 1.47%. Romania and Slovakia face more significant contractions at -1.94% and -2.5%. Finland, Lithuania, and Greece exhibit upward trends, with Lithuania experiencing the highest growth at 3.57%. Observations suggest shifts towards diversification and efficiency in this sector.
Future trends to watch include:
- The impact of automation and digitization on employment levels.
- Potential shifts in labor demand as countries emphasize sustainable practices.
- Changes in global trade policies influencing sector dynamics.
Top countries in Employees in Basic Metals and Fabricated Metal Products Manufacturing Sector by Country
| # | 10 Countries | Million Hours | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 3,530 | 2023 | -1.03% | -1.39% | View data |
| 2 | 2 Japan | 2,150 | 2023 | -0.94% | -1.94% | View data |
| 3 | 3 Germany | 1,560 | 2023 | -0.064% | -1.09% | View data |
| 4 | 4 Italy | 1,110 | 2023 | +0.0042% | +1.01% | View data |
| 5 | 5 Poland | 962.96 | 2023 | +4.89% | +1.47% | View data |
| 6 | 6 United Kingdom | 631.34 | 2023 | -1.09% | -1.89% | View data |
| 7 | 7 Spain | 488.18 | 2023 | +0.79% | -0.034% | View data |
| 8 | 8 Canada | 476.65 | 2023 | -1.34% | +0.45% | View data |
| 9 | 9 Romania | 249.91 | 2023 | -0.31% | -1.94% | View data |
| 10 | 10 Austria | 180.79 | 2023 | -0.12% | -0.48% | View data |
