PAYstats Pay and Labour Market Statistics, November 2022

Latest pay and labour market statistics November 2022:

• The Consumer Prices Index including owner occupiers' housing costs (CPIH) rose by 9.6% in the 12 months to October 2022, up from 8.8% in September 2022.
• The Consumer Prices Index (CPI) rose by 11.1% in the 12 months to October 2022, up from 10.1% in September 2022.
• The UK employment rate for July to September 2022 was 75.5%, largely unchanged on the previous quarter and 1.1 percentage points lower than before the coronavirus (COVID-19) pandemic (December 2019 to February 2020).
• The unemployment rate for July to September 2022 decreased by 0.2 percentage points on the quarter to 3.6%.
• In August to October 2022, the estimated number of vacancies fell by 46,000 on the quarter to 1,225,000.
• Growth in average total pay (including bonuses) was 6.0% and growth in regular pay (excluding bonuses) was 5.7% among employees in July to September 2022.