The employment in the Services to Buildings and Landscape Activities sector in Austria has shown consistent growth from 2013 to 2023, increasing from 53.45 thousand FTE to 71.23 thousand FTE. While there was a slight dip in 2020, the sector quickly recovered. The year-on-year variations over the last two years were 2.28% in 2022 and 2.21% in 2023. The CAGR for the last five years stands at 1.72%, showing a moderate but steady growth trend. As of 2023, the sector employed 71.23 thousand FTE.
Bullet points:
- 2013-2023: consistent growth in employment
- Slight dip in 2020 quickly recovered
- Year-on-Year (2022): 2.28%
- Year-on-Year (2023): 2.21%
- 5-year CAGR: 1.72%
Looking forward, the employment in this sector is expected to continue its upward trend, with a forecasted CAGR of 1.58% from 2024 to 2028. Key trends to watch for include the potential impact of automation, sustainability initiatives, and the evolving regulatory landscape, which could influence future employment dynamics in the sector.
