As of 2023, the mining and quarrying sector in the UK employed 52.15 thousand individuals. The forecast indicates a decline in employment, with figures dropping to 51.36 thousand in 2024, reflecting a 1.5% decrease from the previous year. This downward trend continues through 2028, where employment is projected to reach 48.34 thousand, a 0.74% decline on average annually, or CAGR, over the five-year period.
Future trends to watch for include:
- The impact of automation and technology on labor demand in the mining sector.
- Regulatory and environmental policies influencing industry practices and employment.
- Global commodity price fluctuations that could affect sector stability and workforce needs.