As of 2023, the number of self-employed persons in employment services stood at 325,000. The forecast indicates a steady decline over the next five years: 323,000 in 2024, 321,000 in 2025, 318,000 in 2026, 316,000 in 2027, and 313,000 by 2028. This represents an annual decline largely due to broader economic trends affecting self-employment in the sector. The compound annual growth rate (CAGR) over the five-year forecast period is projected to be negative.
Future trends to watch:
- Impact of technology and automation on employment services.
- Changes in gig economy regulations and how they affect self-employment.
- Potential economic shifts and labor market reforms that could influence self-employment opportunities.