In 2023, the number of employment placement agencies in the UK stood at 21.52 thousand enterprises. The forecast indicates a steady increase, with the number reaching 25.18 thousand by 2028. Year-on-year growth from 2024 to 2028 averages around 3.15%, reflecting consistent expansion. Specifically, the numbers show a continuous upward trend, with 2024 marking the beginning of this growth phase.
Key future trends to watch include:
- Potential impacts of technological advancements, such as AI and automation, on the recruitment industry.
- Shifts in job market dynamics, influenced by remote work trends and evolving industry requirements.
- Regulatory changes post-Brexit that could impact labor mobility and agency operations.