Based on the data, the number of total tertiary education graduates in Engineering, Manufacturing, and Construction in the UK is forecasted to experience a slight annual decline from 2024 to 2028. The figures show a steady decrease in graduate numbers each year. As of 2023, the graduating figure was higher than the projected values for 2024 onward. Year-on-year variations indicate a consistent, albeit small, downward trend. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 portrays a slow contraction in the sector.
Future trends to watch for include:
- Shifts in government policies affecting education and industry sectors.
- Technological advancements that could influence curriculum changes and student interest.
- Economic factors impacting industry demand for graduates.
- International education cooperation and opportunities for skill exchanges.
