The legal and accounting activities, along with activities of head offices and management consultancy activities in Germany, are projected to experience a steady growth over the next five years. Starting from a base of 1.24 million employees in 2024, the workforce is anticipated to rise to 1.32 million by 2028. This represents a consistent year-on-year growth rate of approximately 1.61% from 2024 to 2028, reflecting a gradual increase in employment.
Future trends to watch for:
- Automation and digital transformation could impact employment needs, potentially reducing demand for certain roles.
- Regulatory changes and economic conditions may influence sectoral employment rates, prompting companies to adapt their headcount accordingly.
- A growing emphasis on ESG (Environmental, Social, and Governance) factors might lead to more consultancy roles focused on sustainability and compliance.
