The forecasted labor cost per employee FTE in the Precious Metals and Non-Ferrous Metals Manufacturing industry in Germany exhibits a steady increase from 77.5 thousand euros in 2024 to 82.8 thousand euros in 2028. This indicates an annual growth rate varying approximately between 1.7% and 1.6% over these years. The trend suggests a consistent and moderate increase in labor costs, reflecting potential inflationary pressures, increased demand for skilled labor, or regulatory changes affecting labor costs.

Future Trends to Watch:

Impact of automation and technological advancements on labor productivity and costs.
Potential shifts in global metal demand affecting labor market dynamics.
Regulatory changes in labor laws and economic policies influencing cost structures.