The employment in the manufacture of motor vehicles sector in Italy is projected to increase from 2024 to 2028. As we are in 2024, the employment is forecasted to be 53.74 thousand (FTE). This figure is anticipated to reach 54.64 thousand (FTE) by 2028.
The year-on-year percentage changes indicate a steady growth: 0.43% from 2024 to 2025, 0.41% from 2025 to 2026, 0.42% from 2026 to 2027, and 0.40% from 2027 to 2028. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is approximately 0.42%.
Future trends to watch for include the impact of automation and electric vehicle production on employment numbers, the potential influence of global economic conditions, and advancements in technology that could either boost efficiency or shift labor demands.
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