In 2023, the number of persons employed in the UK air and spacecraft and related machinery sector was 92.68 thousand. The forecast for 2024 to 2028 shows a steady growth in employment, reaching 94.15 thousand by 2028. Year-on-year growth remains consistent at approximately 0.3%, while the compound annual growth rate (CAGR) over the forecast period is 0.31%.
Future trends to watch for include the impact of technological advancements, government policies on aerospace, and global economic shifts affecting demand. Monitoring these trends will help understand potential fluctuations in employment within the sector.
