The employment in the Manufacture of Electronic Components and Boards sector in Switzerland is forecasted to decline steadily over the next five years. In 2023, the sector employed approximately 20.26 thousand full-time equivalents (FTE). By 2024, employment is predicted to decrease to 19.85 thousand FTE, a year-on-year variation of -2.02%. The downward trend continues with forecasted employment declining by 2.07% in 2025 to 19.44 thousand FTE, 2.06% in 2026 to 19.04 thousand FTE, 2.10% in 2027 to 18.64 thousand FTE, and finally by 2.09% in 2028 to 18.25 thousand FTE. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) of employment in this sector is expected to be -2.07%.
Future trends to watch include advancements in automation and robotics, which may further reduce workforce requirements, and the potential impact of supply chain disruptions. Emerging technologies and shifting market demands could also influence employment levels in this industry.
