As of 2023, labor cost per employee FTE for doors and metal windows in the UK is 33.0 thousand Euros. Forecasts for 2024 to 2028 show a steady increase from 33.1 to 33.6 thousand Euros. The year-on-year growth rate ranges between 0.30% and 0.60%, indicating a slow but consistent upward trend. The compound annual growth rate (CAGR) over the five-year period stands at approximately 0.30%.
Future trends to watch:
- Potential impact of economic fluctuations on labor costs
- Technological advancements may influence labor demands and costs
- Regulatory changes in labor laws
