In 2023, the employment in the Brazilian wholesale trade sector (excluding motor vehicles and motorcycles) stood at approximately 1.745 million. Moving forward, forecasts suggest a steady increase from 2024 to 2028, with employee numbers rising from 1.7549 million to 1.7901 million. This represents a compounded annual growth rate (CAGR) of approximately 0.5% over the five-year period. The year-on-year growth rates reflect a stable increment in employment numbers annually, underlining consistent economic demand in this sector.
Future trends to watch for:
- Impact of global and local economic conditions on trade activities and employment.
- Technological advancements and their influence on workforce requirements in the sector.
- Regulatory changes and how they might affect employment levels.