In 2023, the number of persons employed in the construction of roads and railways sector in the UK was slightly below the forecasted 2024 figure. For the period 2024-2028, employment is expected to rise steadily, recording a Compound Annual Growth Rate (CAGR) of approximately 1.5%. Year-on-year growth shows a consistent increase in employment from 2024 to 2028, highlighting a positive trend within the sector. By 2028, the number is projected to reach 59.62 thousand employees.
Future trends to watch for:
- Investment in green infrastructure and sustainable transportation projects.
- Potential impacts of government policy changes on infrastructure spending.
- Technological advancements influencing employment dynamics.