The forecasted labour cost per employee FTE for the operation of gravel and sand pits, as well as the mining of clays and kaolin in France, shows a gradual upward trend from 2024 to 2028. In 2023, the labour cost stood at a level below 64.1 thousand Euros. Year-on-year, these costs are expected to increase incrementally by approximately 1.3% to 1.5% annually over the forecasted period. The compound annual growth rate (CAGR) over the five years from 2024 to 2028 averages about 1.4% per year.
Future trends to watch for include:
- Potential impacts of automation and technology advances on labour cost structures.
- Influence of economic and policy changes on mining industry labour markets.
- Environmental regulations possibly affecting operational costs and workforce requirements.