The employment in the Postal and Courier Activities sector in the UK stood at 210.11 thousand Full-Time Equivalents (FTE) in 2023. Since 2013, the sector has experienced fluctuations, with a notable increase in 2015 but subsequent declines. Year-on-year variations have predominantly been negative, with the last two years showing a minimal decrease of 0.35% and 0.36% respectively. The Compound Annual Growth Rate (CAGR) over the last five years has been -0.73%, indicating a slight contraction trend.
Future trends to watch for:
- Continued decline in employment with a forecast 5-year CAGR of -0.29%.
- Potential impacts of automation and digitalization on workforce needs.
- Adjustments in parcel delivery demand due to e-commerce growth.
