Quarterly PAYstats pay and labour market statistics April 2017
April's PAYstats is a quarterly edition containing a summary of what's happening in terms of inflation, employment, earnings and pay settlements, alongside the usual pay and labour statistics.
Latest pay and labour statistics:
- The Consumer Prices Index (CPI) 12-month rate was also 2.3 per cent in March 2017, unchanged from February.
- 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.
- Total average earnings increased by 2.9 per cent including bonuses and increased by 1.9 per cent excluding bonuses in the 12 months up to February 2017.
- The National Minimum Wage rate increased this April by:
- People aged 25 and older - £7.20 to £7.50
- People aged 21 to 24 - £6.95 to £7.05
- People aged 18 to 20 - £5.55 to £5.60
- People aged under 18 - £4.00 to £4.05
- Apprentices - £3.40 to £3.50
As well as a useful reference guide covering all the current rates for:
- Living Wage
- Statutory, Maternity, Paternity and Adoption Pay
- Statutory Sick Pay
- Statutory Redundancy Pay
- Working Time