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Inflation

2.0%

June 2024

Employment

33M

down 0.9% on last year

Unemployment

1.5M

up 9.5% on last year

Vacancies

889K

down 14.5% on last year

Download the latest PAYstats below

PAYstats is a monthly publication that gives you details of national pay and labour market statistics.

Download Quarterly PAYstats July 2024(pdf)

Latest pay and labour market statistics July 2024:

  • The Consumer Prices Index including owner occupiers' housing costs (CPIH) rose by 2.8% in the 12 months to June 2024, the same rate as the 12 months to May 2024.
  • The Consumer Prices Index (CPI) rose by 2.0% in the 12 months to June 2024, the same rate as the 12 months to May 2024.
  • The UK employment rate (for people aged 16 to 64 years) was estimated at 74.4% in March to May 2024, below estimates of a year ago, and decreased in the latest quarter.
  • The UK unemployment rate (for people aged 16 years and over) was estimated at 4.4% in March to May 2024, above estimates of a year ago, and increased in the latest quarter.
  • In April to June 2024, the estimated number of vacancies in the UK decreased by 30,000 on the quarter to 889,000.
  • Annual growth in employees' average regular earnings (excluding bonuses) in Great Britain was 5.7% in March to May 2024, and annual growth in total earnings (including bonuses) was 5.7%.

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