14 September 2023

Information has been published of experimental monthly estimates of payrolled employees and their pay from HM Revenue and Customs’ (HMRC’s) Pay As You Earn (PAYE) Real Time Information (RTI) data. This is a joint release between HM Revenue and Customs (HMRC) and the Office for National Statistics (ONS).

Statistics in this release are based on people who are employed in at least one job paid through PAYE, and monthly estimates reflect the average of such people for each day of the calendar month.

The main findings are:

  • early estimates for August 2023 indicate that the number of payrolled employees rose by 1.5% compared with August 2022, a rise of 449,000 employees; the number of payrolled employees was up by 3.9% since February 2020, a rise of 1,120,000
  • payrolled employment decreased by 1,000 employees (0.0%) in August 2023 when compared with July 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 July 2023 compared with June 2023 has been revised from an increase of 97,000 reported in the last bulletin to a decrease of 4,000; this is because of the incorporation of additional RTI submissions into the statistics, which takes place every publication and reduces the need for imputation
  • early estimates for August 2023 indicate that median monthly pay increased by 6.7% compared with August 2022, and increased by 21.4% when compared with February 2020
  • between August 2022 and August 2023, there was a decrease of 41,000 payrolled employees aged under 25 years; during the same period, payrolled employees aged 35 to 49 years increased by 174,000
  • annual growth in payrolled employees in August 2023 was the highest in Coventry with a rise of 3.9%, and was lowest in Camden and City of London with a fall of 1.4%; at local administrative unit level, growth rates varied between negative 6.8% and positive 4.7%
  • the increase in payrolled employees between August 2022 and August 2023 was largest in the health and social work sector with a rise of 193,000 employees, and smallest in the wholesale and retail and repair of motor vehicles sector, with a fall of 19,000
  • annual growth in median pay for employees in August 2023 was highest in the other service activities sector with an increase of 8.7%, and lowest in the finance and insurance sector with an increase of 3.2%.

Access the full report, here.

Information provided in this news article may be subject to change. Please make note of the date of publication to ensure that you are viewing up to date information.