In 2023, the Labour Cost per Employee Full-Time Equivalent (FTE) in France's construction services stood at €59.7 thousand. Forecasts indicate a gradual increase from €60.1 thousand in 2024 to €61.3 thousand in 2028, reflecting modest year-on-year growth rates of approximately 0.5% to 0.8%. This trend suggests a compounding average growth rate (CAGR) of around 0.6% annually over the five-year forecast period.
Future trends to consider include:
- Potential impacts of technological advancements in construction that could alter labor dynamics and costs.
- Economic policies or regulatory changes in France that could affect labor markets.
- Demand fluctuations in construction driven by macroeconomic factors or infrastructure projects.
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