In 2023, the employment in the UK wholesale of waste and scrap sector was approximately 43.83 thousand employees. Forecasted data from 2024 to 2028 indicates a consistent decline in employment, falling from 43.65 thousand in 2024 to 42.94 thousand in 2028. The year-on-year percentage change reveals a gradual decrease of roughly 0.41% yearly. The compound annual growth rate (CAGR) over the five-year period shows an average decline of around 0.40% per annum.
Future trends to watch include:
- Technological advancements in recycling processes that may affect employment needs.
- Shifts in regulatory frameworks which could impact industry dynamics and labor demand.
- Environmental sustainability trends that could influence job roles and sector growth.
