Forecast: Railways Passenger Transport Employment in France

The employment in France's railways passenger transport exhibited a noticeable fluctuation over the past decade, starting from 167.1 thousand employees in 2013 and reaching 158.52 thousand in 2023. The years 2019 and 2020 marked significant declines of 43.56% and 10.64%, respectively, which could be associated with external factors affecting employment. However, there was a notable recovery in 2021 with an 80.01% year-on-year increase. In recent years, the sector showed moderate growth with a 1.51% increase in 2023.

The projected employment figures from 2024 to 2028 suggest a gradual decline, with a forecasted Compound Annual Growth Rate (CAGR) of -0.52% over the next five years. This is indicative of a slight yet consistent reduction in employment in the sector, albeit at a more stable rate compared to the extreme variations seen in the past decade.

Future trends to watch for:

  • Technological advancements and automation potentially impacting job requirements and the nature of employment in the sector.
  • Policy changes and investments in rail infrastructure which could revitalize employment opportunities.
  • Environmental considerations and the shift towards sustainable transport that may influence sector employment positively.

Top Countries about Railroad