The wholesale sector on a fee or contract basis in the UK shows a slight decline in employment numbers from 2024 to 2028, with a reduction from 52.19 to 51.58 thousand employees. The year-on-year decrease is approximately 0.3%, indicating a consistent but gradual decline. The compound annual growth rate (CAGR) over this period suggests an average annual decrease in employment by around 0.29%.
Future trends to watch for:
- Automation and digitalization within the supply chain impacting job roles.
- Potential impacts of geopolitical events or economic policies affecting trade.
- Adapting skills and training programs to align with technological advancements in the industry.