In 2023, the number of employees in the UK's support activities for the transportation sector stood at an estimated 246.33 thousand. The forecast from 2024 to 2028 indicates gradual growth, with numbers increasing to 258.54 thousand by 2028, a rise of 12.21 thousand employees. The annual year-on-year growth rates are modest, with increments averaging around 1% annually. The compound annual growth rate (CAGR) for the period 2024 to 2028 is approximately 0.97%.
Future trends to watch for in the transportation sector include:
- Impact of technological advancements, particularly in automation, affecting employment needs.
- Potential regulatory changes post-Brexit influencing workforce dynamics.
- Increased emphasis on sustainability and green logistics might shape employment trends.