The number of employees in high R&D intensive activities in the UK is projected to decline from 266.98 thousand in 2024 to 264.83 thousand by 2028. This demonstrates a subtle downward trend in the workforce engaged in these activities. Between 2024 and 2025, the decrease is minor, and the trend continues with slight declines each year. The compounded annual growth rate (CAGR) from 2024 to 2028 highlights a slight negative growth in employment in this sector.
Future trends to watch for include:
- The impact of technological advancements and automation on employment in R&D intensive sectors.
- Potential policy changes or investments that could influence workforce numbers.
- Global economic factors and their effect on the UK's R&D industry workforce.