The number of employees in road and pipeline transport in the UK is projected to increase steadily from 567.58 thousand in 2024 to 585.58 thousand by 2028. This represents a year-on-year growth rate of approximately 0.8% to 0.9%. The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 is anticipated to be around 0.8%, indicating a consistent expansion in the workforce within this sector.
Future trends to watch for include:
- Technological advancements contributing to operational efficiency and potentially altering workforce needs.
- Regulatory changes impacting employment due to shifts in environmental policies.
- Economic fluctuations that may affect transportation demand and consequently employment levels.