The forecasted labour cost per employee FTE in building projects developments in France remains relatively stable from 2024 onwards, with a slight decrease observed year-on-year. In 2023, the labour cost was at 82.7 thousand euros. In 2024, it is projected at 82.5 thousand euros, a 0.24% decrease. Over the subsequent years until 2028, the value continues a subtle downward trend, marking a cumulative average growth rate of nearly -0.3% per annum.
Future trends to watch for include:
- Potential policy changes impacting labour laws and cost structures.
- Innovation and efficiency improvements that could mitigate labour costs.
- Economic conditions affecting the construction industry's growth and demand for labour.
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