Quarterly PAYstats Pay and Labour Market Statistics, July 2022

Latest pay and labour market statistics July 2022:

• The Consumer Prices Index including owner occupiers' housing costs (CPIH) rose by 8.2% in the 12 months to June 2022, up from 7.9% in May.
• The Consumer Prices Index (CPI) rose by 9.4% in the 12 months to June 2022, up from 9.1% in May.
• The UK employment rate increased by 0.4 percentage points on the quarter to 75.9%, but is still below pre-coronavirus (COVID-19) pandemic levels.
• The unemployment rate for March to May 2022 decreased by 0.1 percentage points on the quarter to 3.8%.
• The number of job vacancies in April to June 2022 rose to 1,294,000. However, the rate of growth in vacancies continued to slow down.
• Growth in employees' average total pay (including bonuses) was 6.2% and growth in regular pay (excluding bonuses) was 4.3% in March to May 2022.