In 2023, the number of persons employed in the retail trade sector, excluding motor vehicles and motorcycles, stood at 1.88 thousand. The forecast data reveals a steady year-on-year increase in employment figures from 2024 to 2028, with a growth rate of about 0.52% annually. Over the five-year forecast horizon to 2028, the compound annual growth rate (CAGR) is predicted to reflect this modest but consistent upward trend.

Future trends to watch for:

Impact of emerging e-commerce models on traditional retail employment rates.
Technological advancements and automation potentially influencing job roles and requirements.
Potential policy changes affecting labor conditions in the retail sector.