The total hours worked in the coke and refined petroleum products sector in France is forecasted to decrease steadily from 2024 to 2028, moving from 11.54 million hours in 2024 to 10.56 million hours in 2028. In 2023, this figure was slightly higher, highlighting a clear downward trend in labor hours per year. The year-on-year decline averages around 2.5%, underscoring the gradual contraction in this industry's labor demand. Over five years, the compound annual growth rate (CAGR) indicates an overall reduction in work hours, reflecting industry challenges such as automation or strategic shifts.
Future trends to watch for include potential impacts of increased automation, shifts toward renewable energy, and policy regulations on the reduction of fossil fuel dependency, all of which could further decrease the demand for labor hours in this sector.
