Forecast: Labour Cost Per Employee FTE in Construction of Roads and Railways in Italy

In 2023, the labour cost per employee in the construction of roads and railways in Italy stood at a value below the forecasted €62.8k for 2024. The costs are expected to rise gradually, reaching €63.6k by 2028. From 2024 to 2028, the year-on-year increase is modest, with the highest annual growth recorded between 2027 and 2028. The compound annual growth rate (CAGR) over this period reflects a steady but slow rise in costs, indicating controlled wage growth in the sector.

Future trends to watch for include:

  • Potential impacts of inflation on wage agreements and construction budgets.
  • The influence of technological advancements and efficiency improvements on labor costs.
  • Changes in demand for infrastructure projects affecting employment and salary levels.

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