The forecast for permanent employment in the UK Accommodation and Food Services sector shows a gradual increase from 1.56 million people in 2024 to 1.63 million by 2028. Assuming an estimated 2023 figure close to the 2024 forecast, the annual growth observed is approximately 1.3% year-on-year. The compound annual growth rate (CAGR) over the five-year forecast period stands near 1.4%.

Future trends to watch include:

Impact of economic conditions on consumer spending in hospitality.
Technological advancements influencing labor demands.
Potential policy changes affecting labor markets, including immigration and wage laws.
Post-COVID-19 recovery dynamics and changes in consumer behavior.