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Future outlook
The tables included in this section aim at providing users with information on the direction of the distinct economic sectors and major occupation groups during the past and upcoming five years. The information detailed in both tables is based on the same criteria outlined in the methodology chapter for the computation of the statistics represented in the respective occupation data tables. Thus, the data presented in such tables pertain only to the occupations outlined in this handbook and not the overall economy.
Overall, the increase in the number of employees (employed in any of the occupations outlined in this publication only) over the next five years is expected to be more or less equal to the increase experienced during the past five years. Although the majority of workers are employed in the Public Administration & Defence, Compulsory Social Security (NACE O); Wholesale & Retail Trade, Repair of Motor Vehicles & Motorcycles (NACE G) and Manufacturing (NACE C); such sectors were not the main drivers of growth during the past five years. The largest sectors contributing to the increase in the number of persons employed between 2012 and 2017 were Administrative & Support Service Activities (NACE N); Professional, Scientific & Technical Activities (NACE M) and Arts, Entertainment & Recreation (NACE R) with a share of 22%, 12% and 11% respectively. These sectors are also anticipated to be the key drivers of employment growth in the upcoming five years. The Administrative & Support Service Activities (NACE N) sector is expected to contribute the largest share of employment growth, with 29% of the increase in the number of persons employed forecasted to pertain to such sector. This is followed by the Arts, Entertainment & Recreation (NACE R) sector and the Professional, Scientific & Technical Activities (NACE M) with 12% and 10% respectively.
Note: Readers should be aware that the sharp decrease experienced by the Water Supply; Sewerage, Waste Management & Remediation Activities sector between 2012 and 2017 was due to the transfer of Enemalta workers to Engineering Resources Ltd as from 25th August 2014 (i.e. workers were transferred from NACE E to NACE N).
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