The number of persons employed in the UK's accommodation and food service activities sector is forecasted to gradually increase from 2.4917 million in 2024 to 2.5866 million in 2028. Comparing 2024 to previous trends, there's a steady year-on-year growth in employment in this sector. The compound annual growth rate (CAGR) over the forecast period is indicative of modest expansion, reflecting a solid market recovery post-pandemic and growing demand for hospitality services.
Future trends to watch for include the impact of automation and technology on job roles, potential regulatory changes post-Brexit affecting labor laws, and the influence of economic conditions on disposable income and consumer spending within the sector.
