Earnings And Employment From Pay As You Earn Real Time Information, Uk: January 2022

18th January 2022

Report from the Office for National Statistics.

Early estimates for December 2021 indicate that the number of payrolled employees rose by 4.8% compared with December 2020, a rise of 1,340,000 employees; the number of payrolled employees was up by 1.4% since February 2020, a rise of 409,000.

There were 184,000 more people in payrolled employment in December 2021 when compared with November 2021.

UK payrolled employee growth for November 2021 compared with October 2021 has been revised from an increase of 257,000 reported in the last bulletin to an increase of 162,000; this revision is a result of incorporating additional real time information (RTI) submissions into the statistics, reducing the need for imputation - which takes place every publication; as early estimates have a higher level of imputation, revisions of this scale are within expectation.

Early estimates for December 2021 indicate that median monthly pay increased by 5.3% compared with December 2020 and increased by 9.2% when compared with February 2020.

All age groups saw an increase in payrolled employees between December 2020 and December 2021; there was an increase of 547,000 payrolled employees aged under 25 years.

For Nomenclature of Territorial Units for Statistics (NUTS) 3 regions, annual growth in payrolled employees in December 2021 was the highest in Tower Hamlets, with a rise of 11.3%, and was lowest in Swindon, with a rise of 2.0%.

The increase in payrolled employees between December 2020 and December 2021 was largest in the accommodation and food service activities sector (a rise of 312,000 employees) and smallest in the transportation and storage sector (a fall of 2,000).

Annual growth in median pay for employees in December 2021 was highest in the professional, scientific and technical sector (an increase of 7.6%), and lowest in the arts and entertainment sector (an increase of 1.0%).

Annual growth rates for December 2021 are compared with December 2020, and so the reduction in employees and median pay seen following the beginning of the coronavirus (COVID-19) pandemic is no longer contributing to the annual growth rate. Annual growth rates are now compared with this lower baseline.

Early estimates for December 2021 indicate that there were 29.5 million payrolled employees (Figure 1), a rise of 4.8% compared with the same period of the previous year. This was also a rise of 1,340,000 people over the 12-month period. Compared with the previous month, the number of payrolled employees increased by 0.6% in December 2021 - equivalent to 184,000 people.

When comparing the number of payrolled employees in November 2021 with the previous month, the number increased by 0.6%. This is revised down from the early estimate of a 0.9% increase, reported in the previous bulletin.

Read the full report at
https://www.ons.gov.uk/employmentandlabourmarket/peopleinwork/earningsandworkinghours/bulletins/earningsandemploymentfrompayasyouearnrealtimeinformationuk/january2022