The employment in the manufacture of electronic components and boards sector in France is forecasted to steadily decline from 2024 to 2028, beginning at 38.62 thousand employees and reducing to 35.88 thousand by 2028. This decline represents an approximate year-on-year decrease of 1.8% over each of the forecasted years. As we stand in 2024, this trend follows a path of reduced employment, representing a shift from the 39.5 thousand employees recorded in 2023, and indicates a contraction at a compound annual growth rate (CAGR) of about -1.8% over these five years.

Future trends to watch for:

The impact of automation and technological advancements potentially altering the labor needs.
Shifts in global supply chains that might necessitate adjustments in workforce size and skillset.
Economic policies and initiatives from the French government aimed at revitalizing manufacturing employment.
Growth in related innovative sectors, which may absorb skills and workers from the electronic components and boards sector.