The UK's urban and suburban passenger land transport sector is projected to see consistent employment growth from 2024 to 2028. The number of employees is expected to rise annually by around 1.2%-1.1% each year until 2028, suggesting a steady demand for workforce in this sector. In 2023, employment stood slightly above 162,000, indicating an upward trajectory in the coming years. The Compound Annual Growth Rate (CAGR) over the five-year period is forecasted to be approximately 1.2%.
Future trends to watch for include:
- The impact of technological advancements on employment, such as automation and electric vehicle adoption.
- The influence of government policies on public transport funding and expansion plans.
- Changes in commuter behavior post-pandemic, affecting service demand and employment needs.