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Inflation

5.4%

December 2021

Employment

32.5M

up 0.5% on last year

Unemployment

1.38M

down 20.5% on last year

Vacancies

1.24M

Oct - Dec 2021

Download the latest PAYstats below

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

Download Quarterly PAYstats January 2022(pdf)

Latest pay and labour market statistics January 2022:

  • The Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 4.8% in the 12 months to December 2021, up from 4.6% in the 12 months to November.
  • The Consumer Prices Index (CPI) rose by 5.4% in the 12 months to December 2021, up from 5.1% in November.
  • The UK employment rate increased by 0.2 percentage points on the quarter to 75.5.
  • The unemployment rate decreased by 0.4 percentage points on the quarter to 4.1%. The redundancy rate decreased to a record low following the end of the Coronavirus Job Retention Scheme.
  • The number of job vacancies in October to December 2021 rose to a new record of 1,247,000, an increase of 462,000 from its pre-coronavirus January to March 2020 level.
  • Growth in average total pay (including bonuses) was 4.2% and growth in regular pay (excluding bonuses) was 3.8% among employees in September to November 2021.

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