In 2023, the total hours worked in the construction of residential and non-residential buildings in the UK reached 785.00 million hours. The forecast for 2024 shows an increase to 798.29 million hours, reflecting a year-on-year growth of approximately 1.7%. This upward trend continues with projected growth rates of about 1.6% per year, reaching 847.96 million hours by 2028. Over the five-year period from 2024 to 2028, the compound annual growth rate (CAGR) is projected to be around 1.5%.
Future trends to watch include potential impacts of Brexit-related policy changes, technological advancements in construction, and economic fluctuations that may affect labor demand and efficiency in the sector. Additionally, sustainability initiatives could drive shifts in construction practices, influencing hours worked.
