Speak to an expert +44(0)1733 391377

Toggle Sidebar

Inflation

9.9%

August 2022

Employment

32.7M

up 1.0% on last year

Unemployment

1.2M

down 21.4% on last year

Vacancies

1.3M

up 20.4% on last year

Download the latest PAYstats below

PAYstats is a monthly publication that gives you details of national pay and labour market statistics.

Download PAYstats September 2022(pdf)

Latest pay and labour market statistics September 2022:

  • The Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 8.6% in the 12 months to August 2022, down from 8.8% in July.
  • The Consumer Prices Index (CPI) rose by 9.9% in the 12 months to August 2022, down from 10.1% in July.
  • The UK employment rate for May to July 2022 for people aged 16 to 64 years decreased by 0.2 percentage points on the quarter to 75.4% and is still below pre-coronavirus (COVID-19) pandemic levels.
  • The unemployment rate for May to July 2022 decreased by 0.2 percentage points on the quarter to 3.6%, the lowest rate since May to July 1974.
  • The number of job vacancies in June to August 2022 was 1,266,000, a decrease of 34,000 from the previous quarter.
  • Growth in employees' average total pay (including bonuses) was 5.5% and growth in regular pay (excluding bonuses) was 5.2% in May to July 2022.

Related Articles

Read More
Recruitment and Retention

How Employers Can Navigate the Recruitment & Retention Challenges

Following a buoyant labour market as Covid-19 restrictions were lifted, employers are seeing employe...

Explore
Read More
Research, Insights and Publications

How is the cost of living crisis affecting the picture on pay?

Our ‘Pay and Cost of Living Report’ highlights how employers are addressing the cost of living c...

Explore
Read More
Seminars and Training

Paydata HR & Reward Conference 2022

Join us this September and help prepare for the year ahead, as we ...

Explore

Stay up to date

Sign up for briefings on pay benchmarking, salary surveys, reward strategy and statistical updates.

sign up for updates

© Paydata Ltd 2024 All rights reserved.
Registered in England no: 3632206
VAT no: 728 0808 28

Paydata Ltd, 24 Commerce Road, Lynch Wood, Peterborough, Cambridgeshire, PE2 6LR