Despite progress, labor costs remain a handicap for French companies. The reductions in charges represent a shortfall of 80 billion euros for the State.
Long an object of concern, the cost of labor has taken a back seat in recent years. However, it would have increased by 0.6 points during the fourth quarter of 2023, and by 3.5% over one year, according to figures published Friday by INSEE. “This is a normal fluctuation during periods of inflation,” explains Éric Heyer, director of the analysis and forecasting department of the OFCE.