In 2023, the UK publishing sector employed approximately 114.48 thousand persons. The forecast indicates a decline in employment, decreasing to 112.02 thousand in 2024 and continuing to fall each subsequent year. From 2024 to 2028, there is a noticeable downward trend with an annual reduction. The year-on-year decline from 2024 to 2028 ranges from approximately 2% to 2.3%. The 5-year Compound Annual Growth Rate (CAGR) reflects an average annual decrease.
Future trends to watch for:
- Increasing reliance on digital technologies may further impact employment in traditional publishing roles.
- Shifts in consumer preferences towards digital media and self-publishing could influence job structures.
- Potential industry innovations could create new roles, shifting the employment landscape.