The forecast for doctoral or equivalent level work placements from 2024 to 2028 indicates a slight upward trend, with numbers rising from 4 in 2024 to 5 by 2026 and stabilizing through 2028. In 2023, the actual figure was lower, indicating an annual average increase over the forecasted period. Year-on-year variations are modest, highlighting a stable growth trajectory with a compound annual growth rate (CAGR) over the 5-year forecast period reflecting this gradual increase.
Future trends to watch for:
- Potential changes in the demand for specialized doctoral level skills could impact growth rates.
- Global economic shifts or technological advancements affecting the job market might influence these forecasts.
- Policy changes in education or immigration could alter the availability of work placements.