Forecast: Employees in Electricity, Gas, Steam and Air Conditioning Supply Sector in the UK

The number of employees in the UK's Electricity, Gas, Steam and Air Conditioning Supply sector is forecasted to decline slightly from 2024 to 2028, decreasing from 113.48 thousand to 107.74 thousand. Relative to the sector's actual staffing levels in 2023, this represents a diminishing trend. Annually, the year-on-year percentage change indicates a consistent downward pattern, with a compound annual growth rate (CAGR) of a negative value, reflecting a gradual reduction in workforce size.

Future trends to watch for:

  • Technological advancements leading to automation and increased efficiency might contribute to workforce reductions.
  • Policy shifts towards renewable energy sources could impact employment levels in traditional energy sectors.
  • Economic factors and regulatory changes may further influence the demand for skilled labor in this sector.

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