The forecast from 2024 to 2028 for bachelor's level work placements shows a consistent decline in numbers. In 2024, this figure is expected to be 251. The number drops to 204 by 2028, indicating a decreasing demand or availability of work placements over these years.
This decrease translates to a negative year-on-year trend, with the largest declines observed in the final years of the forecast. The five-year compound annual growth rate (CAGR) further confirms this downward trend, suggesting an average annual decline over the period.
Future trends to watch include:
- Influence of changing educational policies on work placements.
- Impact of economic factors on graduate employment opportunities.
- Potential shifts in industry demand for bachelor's level skills.
