The forecasted hours worked by employees in the spirits sector in Austria from 2024 to 2028 show an increasing trend, with values rising from 1.1798 million hours in 2024 to 1.2669 million hours in 2028. Given the 2023 value stood at 1.1623 million hours, 2024 saw a 1.5% increase. This growth trend continues with a year-on-year rise of approximately 1.9% in 2025, 1.8% in 2026, 1.8% in 2027, and 1.7% in 2028. The compounded annual growth rate (CAGR) over this five-year period is 1.75%.
Future trends to watch include potential impacts of automation on labor efficiency and any regulatory changes affecting the spirits market in Austria. Additionally, shifts in consumer preferences and export demands could further influence labor requirements within this sector.
