Employment in the retail trade of country-specific tourism characteristic goods in Mexico displayed fluctuations from 2013 to 2023. The employment figures varied significantly, reaching 80.44 thousand employees in 2023. Observing a clear dip in 2020 at 71.41 thousand, likely influenced by global events, the sector has rebounded since, with moderate year-on-year growth of 3.22% in 2023. The CAGR for the last five years stands at 1.98%, indicating a steady recovery.
Looking ahead, employment is anticipated to continue its upward trajectory. The forecasted numbes show progressive annual increases, with a projected growth to 83.61 thousand employees by 2028. However, the forecasted five-year CAGR of 0.62% suggests a more modest growth rate, highlighting the need for the industry to strategize effectively to maintain momentum. Key future trends to monitor include the impact of technological advancements, shifts in consumer preferences, and potential economic disruptions, which may alter the employment landscape in this sector.
