The value added of employment services in the UK was projected at 33.98 billion pounds in 2024, marking a notable increase from 2023 figures. With consistent growth anticipated through to 2028, values are forecasted to rise incrementally each year, reaching 37.27 billion pounds. Year-on-year growth rates show a steady and positive trend, with visible increases ranging between approximately 2% to 2.5% annually. Over this forecast period, the compound annual growth rate (CAGR) is projected to maintain a stable trend around these percentages.
- The rise in automation and digital transformation influencing service delivery models.
- Policies and regulatory measures impacting labour markets.
- Potential economic fluctuations affecting demand for employment services.