The forecast for the number of employees in the accommodations, eating, and drinking services sectors in Japan shows a gradual increase from 5.647 million in 2024 to 5.6715 million in 2028. This forecast suggests a steady and modest growth over the five-year period. With previous actual data unavailable for 2023 in this analysis, the compound annual growth rate (CAGR) would provide insight into the average annual growth projected over these years.
Future trends to watch for:
- Keep an eye on tourism recovery or decline, given its direct impact on accommodations and related services.
- Monitor technological advancements, such as automation and digital solutions, which may alter employment needs.
- Watch economic factors, including consumer spending and inflation, influencing demand in eating and drinking services.