In 2023, the number of employees in support activities for the oil and gas extraction sector in Italy stood at an estimated value marginally above 1.48 thousand. The forecasted data from 2024 onwards suggest a gradual decline in employment numbers, decreasing to 1.41 thousand by 2028. This represents a steady year-on-year decline of approximately 1-1.5% over the forecasted period. The compound annual growth rate (CAGR) indicates a modest but consistent annual reduction in employee numbers over these years.
Future trends to watch for:
- Technological advancements that could further reduce workforce requirements.
- Potential shifts in energy policies influencing market dynamics.
- Impact of global oil prices on sector stability and employment.
