Between 2024 and 2028, labour costs in high- and medium-high R&D intensive activities in France are projected to rise from 130.66 billion euros to 137.23 billion euros. Compared to 2023, when labour costs were recorded at approximately 128.96 billion euros, these forecasts signify a steady annual increase. The year-on-year growth rate between 2024 and 2028 averages around 1.18%, with a compound annual growth rate (CAGR) of 1.25% over this period, indicating modest but consistent growth in labour costs driven by factors such as inflation, salary adjustments, and increased focus on research and development activities.

Future trends to watch for:

Shift towards more automation, potentially impacting labour cost dynamics.
Changes in government policy regarding R&D investment incentives.
The impact of global economic conditions on labour market demands and wages in R&D sectors.