Between 2024 and 2028, employment in the UK's inland freight waterway transport sector is forecasted to gradually decline from 225 to 220 full-time equivalents (FTEs). The year-on-year variations are minimal, with a consistent slight reduction observed each year, reflecting a stable but diminishing trend. Notably, the employment level in 2023, which serves as a reference point for these forecasts, showed a near-stable workforce compared to subsequent years. Over the five-year forecast period, the compound annual growth rate (CAGR) indicates a minor average annual decrease in employment.
Future trends to watch in this sector include the potential impacts of technological advancements such as automation and digitization, which could further reduce workforce requirements. Additionally, sustainability initiatives and shifts in trade patterns may influence employment demands, requiring strategic workforce planning.
