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Labour market recovery: real pay is falling

Key findings from the latest ONS labour market overview, covering data on employment, unemployment, economic inactivity, experimental PAYE and hours worked

24 Jan 2022, 1 min read

The latest ONS data (September to November 2021) provides a snapshot of labour market activity as the UK economy opened up. There are continued signs of economic recovery with employment increasing, unemployment decreasing, and job vacancies at a new record high.

Real time Pay-As-You-Earn data for December 2021 showed that the number of employees on payroll increased once again, up by 184,000 to 29.5 million total. The uptick in employment was driven mainly by part-time workers.

Nominal pay growth remain

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