Earnings And Employment From Pay As You Earn Real Time Information, UK: July 2022

20th July 2022

Early estimates for June 2022 indicate that the number of payrolled employees rose by 3.0% compared with June 2021, a rise of 874,000 employees. The number of payrolled employees was up by 1.9% since February 2020, a rise of 561,000.

Payrolled employment increased by 31,000 employees (0.1%) in June 2022 when compared with May 2022, though this should be treated as a provisional estimate and is likely to be revised when more data are received next month.

UK payrolled employee growth for May 2022 compared with April 2022 has been revised from an increase of 90,000 reported in the last bulletin to an increase of 31,000, because of the incorporation of additional real time information (RTI) submissions into the statistics, which takes place every publication and reduces the need for imputation.

Early estimates for June 2022 indicate that median monthly pay increased by 6.6% compared with June 2021, and increased by 13.4% when compared with February 2020.

All age groups saw an increase in payrolled employees between June 2021 and June 2022; there was an increase of 278,000 payrolled employees aged under 25 years.

For Nomenclature of Territorial Units for Statistics (NUTS) 3 regions, annual growth in payrolled employees in June 2022 was the highest in Tower Hamlets, with a rise of 9.5%, and was lowest in Warrington, with a rise of 1.0%.

The increase in payrolled employees between June 2021 and June 2022 was largest in the accommodation and food service activities sector (a rise of 163,000 employees) and smallest in the construction sector (a fall of 7,000).

Annual growth in median pay for employees in June 2022 was highest in the finance and insurance sector (an increase of 10.6%), and lowest in the arts and entertainment sector (an increase of 1.4%).

2.Payrolled employees
Early estimates for June 2022 indicate that there were 29.6 million payrolled employees (Figure 1), a rise of 3.0% compared with the same period of the previous year. This means a rise of 874,000 people over the 12-month period. Compared with the previous month, the number of payrolled employees increased by 0.1% in June 2022, which is equivalent to 31,000 people. The early estimate for June 2022 shows that the annual growth rate has fallen this month, but still shows relatively high growth. This fall in the growth rate will be partially driven by the comparison against the increase in employee numbers from March 2021, the first substantial increase since January 2020.

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