Earnings And Employment From Pay As You Earn Real Time Information, UK - July 2023

12th July 2023

Early estimates for June 2023 indicate that the number of payrolled employees rose by 1.5% compared with June 2022, a rise of 439,000 employees; the number of payrolled employees was up by 3.5% since February 2020, a rise of 1,027,000.

Payrolled employment decreased by 9,000 employees (0%) in June 2023 when compared with May 2023, 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 2023 compared with April 2023 has been revised from an increase of 23,000 reported in the last bulletin to an increase of 20,000, 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 2023 indicate that median monthly pay increased by 9.7% compared with June 2022 and increased by 24.1% when compared with February 2020.

Between June 2022 and June 2023, there was a decrease of 32,000 payrolled employees aged under 25 years; during the same period, payrolled employees aged 35 to 49 years increased by 156,000.

For Nomenclature of Territorial Units for Statistics (NUTS) 3 regions, annual growth in payrolled employees in June 2023 was the highest in Luton, with a rise of 4.0%, and was lowest in Camden and City of London, with a fall of 1.0%.

The increase in payrolled employees between June 2022 and June 2023 was largest in the health and social work sector, a rise of 209,000 employees, and smallest in the wholesale and retail sector, with a fall of 47,000.

Annual growth in median pay for employees in June 2023 was highest in the health and social work sector, with an increase of 28.4%, and lowest in the transportation and storage sector, with an an increase of 5.3%; the growth in the health and social work sector reflects the effects of the pay settlement to NHS workers, including a pay increase backdated to April and a one-off bonus worth at least £1,250 per person.

Payrolled employees
Early estimates for June 2023 indicate that there were 30 million payrolled employees (Figure 1), a rise of 1.5% compared with the same period of the previous year. This is a rise of 439,000 people over the 12-month period. Compared with the previous month, the number of payrolled employees decreased by 0% in June 2023, which is equivalent to 9,000 fewer people.

Note, this monthly change of 9,000 should be treated as provisional, because it is based on an early estimate of June 2023 employees.

Read the full ONS report HERE