PAYstats Pay and Labour Market Statistics, March 2017
March 2017 PAYstats - pay and labour market statistics, containing a summary of what's happening in terms of inflation, employment and average earnings.
- The Consumer Prices Index including owner occupiers’ housing costs 12-month inflation rate was 2.3 per cent in February 2017, up from 1.9 per cent in January,
- The employment rate (the proportion of people aged from 16 to 64 who were in work) was 74.6 per cent, the joint highest since comparable records began in 1971; and,
- Total average earnings year on year increased by 1.7 per cent including bonuses and by 1.9 per cent excluding bonuses, in December 2016.
As well as a useful reference guide covering all the current rates for:
- National Minimum Wage
- Statutory, Maternity, Paternity and Adoption Pay
- Statutory Sick Pay
- Statutory Redundancies
- Working Time