The number of employment services enterprises in the UK is projected to grow steadily from 2024 to 2028. As of 2023, the actual number of enterprises stood at an earlier figure, providing a baseline for comparison.
Forecasted year-on-year increases are modest, with 2024 to 2025 seeing a growth of approximately 2.4%, continuing progressively to 2028. The compound annual growth rate (CAGR) over this five-year period is about 2.31%, indicating a stable upward trend.
Future trends to watch for:
- Technological advancements influencing recruitment processes.
- Impact of economic conditions on the employment sector.
- Policy changes affecting the gig economy and their ripple effects on employment services.