Forecast: Total Hours Worked in Electricity, Gas, Steam and Air Conditioning Supply in Italy

The forecast from 2024 to 2028 shows a consistent decline in the total hours worked within the electricity, gas, steam, and air conditioning supply sector in Italy. Starting from 135.01 million hours in 2024, there is a year-on-year decrease: approximately 1.5% in 2025, 1.5% in 2026, 1.4% in 2027, and 1.5% in 2028. The compounded average growth rate (CAGR) over this five-year period indicates a steady reduction in the workforce hours, underscoring a sector experiencing decreased demand or increased efficiency.

Future trends to monitor include:

  • The impact of technological advancements and automation, potentially leading to fewer manual work hours.
  • Policy changes or new regulations related to energy efficiency that may influence labor dynamics.
  • Economic factors impacting energy consumption, influencing sector employment needs.
  • The rise of renewable energy affecting traditional energy supply's labor requirements.

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