The employment in the support activities for oil and gas extraction sector in Italy is forecasted to show a declining trend from 2024 to 2028, beginning at 1.3 thousand FTEs in 2024 and declining to 1.24 thousand FTEs by 2028. Compared to 2023, the sector had stable employment figures which are now projected to decrease steadily with modest year-on-year declines averaging around 0.4%. Over the next five years, a CAGR of approximately -1.2% is anticipated.
Future trends to watch for include technological advancements and the increasing emphasis on sustainable energy sources. These factors may lead to structural changes in employment needs, potentially necessitating reskilling and shifts within the sector. Economic factors, global oil prices, and EU energy policies will also play crucial roles in shaping employment trends.
