In 2023, the number of employees in employment services in Germany stood at 1.00 million units. From 2024 to 2028, the number of employees is forecasted to grow steadily from 1.01 million to 1.07 million units. The year-on-year growth rate is expected to be:
• 2024 to 2025: 1.98%
• 2025 to 2026: 0.97%
• 2026 to 2027: 0.96%
• 2027 to 2028: 1.90%
The compounded annual growth rate (CAGR) from 2024 to 2028 is projected to average 1.47% per year.
Future trends to watch for include the impact of technological advancements on employment services, potential regulatory changes in labor markets, and broader economic conditions that can influence job growth and the demand for employment services in Germany.