Forecast: Number of Employees in Retail Trade (Except of Motor Vehicles and Motorcycles) Sector in the UK

In 2023, the Retail Trade sector (excluding Motor Vehicles and Motorcycles) in the UK had approximately 3.08 million employees. From 2024 to 2028, the forecast shows a minimal year-on-year employee growth, reflecting a stable but slow increase. The average compound growth rate over these five years is nearly neutral, suggesting stability rather than expansion.

Future trends to watch for:

  • Technological advancements could modify job roles requiring diverse skill sets.
  • E-commerce growth might further impact traditional retail employment.
  • Potential economic shifts that could alter consumer spending and employment levels in retail.

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