Employment in the urban and suburban passenger land transport sector in France showed significant fluctuation from 2013 to 2023. The sector peaked dramatically in 2014 with a 48.99% increase compared to 2013, followed by a notable decline in the subsequent years, hitting a low in 2018. From 2019 onwards, the trend showed minimal year-on-year variation, hovering around a stable yet gradually increasing trajectory with a compound annual growth rate (CAGR) of 0.88% as of 2023, wherein the employment stood at 76.58 thousand full-time equivalents.
Looking forward, the forecasted data from 2024 to 2028 predicts a steady growth with an average CAGR of 0.61%, indicating a positive albeit modest recovery. By 2028, employment is anticipated to reach approximately 79.59 thousand full-time equivalents, representing a cumulative growth of about 3.11% over five years.
Future Trends to Watch:
- Technological advancements and the adoption of sustainable practices that could influence employment dynamics.
- Policy changes and investment in public transport infrastructure impacting job creation.
- Potential shifts toward alternative transport modes and their employment implications.
