The employment in the Non-Metallic Mineral Products sector in Sweden has experienced fluctuations over the years, with a noticeable decrease from 34.06 million hours in 2013 to 31.02 million hours in 2023, representing a 0.93% decrease from the previous year. The sector saw a significant decline in 2014 but had a slight recovery in 2015 and 2016. However, a consistent downward trend began in 2019.
Looking at the year-on-year variation:
- The sector experienced the most notable annual decline of 7.46% in 2014.
- There were brief periods of positive growth, such as 4.88% in 2017 and 3.27% in 2021.
- More recently, the decline has stabilized around 0.90% to 1.00% annually for 2022 and 2023.
Over the last five years leading to 2023, the sector witnessed an average annual decrease (CAGR) of 2.02%. The forecast for employment hours indicates a continuing downward trend with an average annual decline of 0.74% from 2024 to 2028, leading to a cumulative decrease of 3.64% over this period.
Future trends to watch for include:
- Technological advancements that could affect labor demand.
- Regulatory changes impacting the non-metallic mineral products industry.
- Economic factors, including construction activity and infrastructure projects.