The UK scientific research and development sector witnessed steady employment growth from 2024 to 2028, with employee numbers rising from approximately 119,860 (in thousands) to 120,290. From 2023 to 2024, employment increased modestly, continuing the trend into subsequent years. The year-on-year growth rate remains minimal, indicating a stable sector. The compound annual growth rate (CAGR) over the five-year period suggests consistent, albeit slight, upward momentum.
Future trends to watch for include:
- Potential impact of post-Brexit research funding adjustments on employment.
- Technological advancements influencing job functions and skill requirements.
- Government policies on STEM education and industry incentives.