The employment in the Manufacture of Electric Lighting Equipment sector in Finland experienced fluctuations between 2013 and 2023, seeing significant declines in 2019 and 2020, followed by recovery trends in recent years. As of 2023, the employment value stood at 1.24 thousand FTEs. The year-on-year variations displayed notable volatility, particularly with sharp declines in 2019 (-13.1%) and 2020 (-16.29%), and substantial recovery in 2021 (+17.49%). Over the last five years, the CAGR was -1.44%, reflecting a period of overall contraction.
Future trends to watch for include:
- Stability in employment levels with forecasts maintaining 1.24 thousand FTEs annually from 2024 to 2028.
- Continuous monitoring of technological advancements and their impact on labor requirements.
- The trajectory of global and domestic demand for electric lighting equipment.
