The employment in Sweden's passenger air transport sector has shown variability over the past decade. In 2013, the sector employed 6.98 thousand full-time equivalents (FTEs). The most significant decline occurred in 2014, with a 30.93% decrease, followed by further modest declines and a notable recovery of 23.62% in 2018. However, the sector experienced a significant dip again in 2020. By 2023, employment stood at 4.44 thousand FTEs, reflecting a -0.34% year-on-year variation, and showcasing a -4.36% CAGR over the last five years.
Looking forward, the forecast indicates a continual decline, with an employment number decreasing to 3.82 thousand FTEs by 2028. The forecasted 5-year CAGR is -2.37%, representing an overall decrease of 11.3% over this period.
Future trends to watch for include:
- Technological advancements in aviation that might alter employment requirements.
- Potential regulatory changes impacting the sector.
- Economic fluctuations and their impact on travel demand.
- The rate of recovery from any potential shocks, such as a new global crisis or pandemic-related disruptions.