The UK accommodation and food services sector is forecasted to see a steady employment growth, from 1.7 million in 2024 to 1.78 million by 2028. This represents an average annual growth rate of roughly 1.16% over the five-year period, indicative of a gradual rise in both permanent and temporary employment. Compared to 2023, where employment stood at 1.68 million, the projected trend suggests a positive outlook with consistent year-on-year increases.
Future trends to watch for:
- Impact of automation and digital tools on job roles within the industry.
- Brexit and its implications on labor supply and immigration policies.
- The evolving consumer preferences towards sustainability and how they affect staffing needs.
- Potential economic fluctuations and their effects on disposable income, influencing dining and accommodation spending.