As of the end of 2023, the employment services sector in the UK employed approximately 950,000 people. From 2024 onwards, forecasted data suggests a steady increase in employment numbers. The estimated employment in 2024 is 961,770 persons, with a projected incremental growth reaching 1,000,000 by 2028.
Key Insights:
- Between 2024 and 2028, employment in the sector is expected to grow at a compound annual growth rate (CAGR) of around 1%.
- The gradual year-on-year growth reflects a stable upward trend in the industry's demand for workforce services.
Future Trends to Watch:
- Emerging technologies and digital transformation could further influence sector-specific employment patterns.
- Regulatory changes and economic conditions post-Brexit may have substantial yet uncertain impacts on employment numbers.
