Employment in Austria's water collection, treatment, and supply sector has seen varying trends from 2013 to 2023. Employment figures stood at 2.65 thousand units in 2013, experiencing modest growth and declines over the subsequent years. By 2023, employment had reduced to 2.37 thousand units, indicating a trend of gradual decline with a year-on-year reduction of 1.13%. This decline is reflected in the compounded annual growth rate (CAGR) of -1.26% from 2018 to 2023. The forecasted data from 2024 to 2028 anticipates a continued decrease in employment, with an average annual decline of 0.94%, resulting in an approximate 4.62% reduction over five years, reaching 2.23 thousand units by 2028.
Future trends to watch for:
- Impact of automation and technological advancements on employment.
- Evolving regulatory framework and its influence on workforce requirements.
- Potential environmental policies driving changes in sector demand.
- Innovations in water management and conservation impacting labor needs.
