In 2024, employment in the UK's manufacture of electrical equipment sector is forecasted at 67.56 thousand employees, down from 68.12 thousand in 2023. This sector anticipates a yearly decrease, with 2025 projected at 65.8 thousand, 2026 at 64.09 thousand, 2027 at 62.4 thousand, and 2028 at 60.75 thousand employees. The compounded annual growth rate (CAGR) over the upcoming five years indicates a downward trend, averaging a decline annually.
Future trends to watch include technological advancements demanding new skills, potential shifts in global demand, automation's impact on labor needs, and policy changes that could alter workforce dynamics. Monitoring these will be essential for anticipating sectoral employment shifts.
