In 2023, the retail sale sector of computers, peripheral units, software, and telecommunications equipment in the UK recorded a workforce of 20.28 thousand employees. Forecasts suggest a declining trend, with the number of employees projected to drop to 16.66 thousand by 2028. This represents a year-on-year decrease, with a noticeable contraction observed over the two years between 2026 and 2028. The compound annual growth rate (CAGR) indicates an average annual decline in employment over the five-year period.
Future trends to watch for include:
- Technological advancements necessitating fewer in-store employees.
- Shift towards online retail platforms affecting physical store employment.
- Potential influence of economic factors on retail employment dynamics.