The forecasted labor cost per employee full-time equivalent (FTE) in Italy's mining and quarrying sector is steady at 73.4 thousand euros from 2024 through 2028. As of 2023, the labor costs were also recorded at 73.4 thousand euros; thus, there is no year-on-year variation or CAGR during this period. This consistency suggests stable wage expectations in the sector, likely driven by balanced supply-demand dynamics and regulatory conditions around labor costs.
Future trends to watch for include:
- Potential policy changes affecting labor costs or compensation.
- Technological advancements that could shift labor needs.
- Fluctuations in global commodity prices impacting sector revenue and labor costs.