The employment in the Waste Treatment and Disposal Sector in the UK has demonstrated significant fluctuations over the past years. After reaching a peak of 34.13 thousand full-time equivalents (FTEs) in 2017, there was a notable decline to 25.4 thousand FTEs in 2018, followed by a gradual increase to 28.17 thousand FTEs in 2023. Year-on-year growth has generally stabilized since 2019 with minimal variations.
Over the last two years, the year-on-year variations have been modest, with minor increases of 0.7%. The Compound Annual Growth Rate (CAGR) over the last five years stands at 2.09%, indicating a slow but steady recovery. Forecasts for the period from 2024 to 2028 suggest continued modest growth, with a forecasted CAGR of 0.51% and an overall growth rate of 2.57% over the five-year period.
Future trends to watch for include:
- Potential regulatory changes that could impact employment numbers.
- Advances in waste treatment technologies that may affect workforce needs.
- Economic factors influencing waste production and subsequent treatment requirements.