The forecast for labor cost per employee FTE in the construction of bridges and tunnels in France indicates a downward trend from 2024 to 2028, starting at 55.3 thousand Euros in 2024 and decreasing annually to reach 50.9 thousand Euros in 2028. In 2023, this figure stood at a higher level, marking the beginning of this declining trajectory. The average annual decrease from 2024 to 2028, as measured by the compound annual growth rate (CAGR), highlights a consistent reduction over these years.
Key future trends to watch for include:
- Impact of technological advancements and automation on labor demand in the construction sector.
- Changes in regulatory policies and labor laws potentially affecting labor costs.
- Shifts in market demand for infrastructure projects, influencing employment needs and cost strategies.
