In 2023, labor costs in the Electricity, Gas and Water Supply; Sewerage, Waste Management and Remediation Activities sector in France were €21.01 billion. The forecast for 2024-2028 shows a steady increase, with costs rising from €21.24 billion in 2024 to €22.15 billion in 2028. The year-on-year growth rates are relatively stable, reflecting a consistent upward trend. Notably, the Compound Annual Growth Rate (CAGR) for this period is approximately 1.06%, indicating a modest but steady increase in labor costs over these five years.

Future trends to watch for include:

Potential impacts from inflationary pressures that could accelerate cost growth.
Technological advancements potentially reducing labor intensity.
Regulatory changes affecting operational efficiencies and labor demands.