Earnings and employment to February 2025

Monthly estimates of payrolled employees and their pay from HM Revenue and Customs’ (HMRC’s) Pay As You Earn (PAYE) Real Time Information (RTI) data. 

  • Early estimates for February 2025 indicate that the number of payrolled employees broadly stayed the same compared with February 2024, at 30.4 million; a small rise of 0.2% or 67,000 employees.
  • This change was highest in the health and social work sector, a rise of 92,000 employees, and lowest in the accommodation and food service activities sector, a fall of 64,000 employees.
  • Payrolled employment increased by 21,000 employees (0.1%) in February 2025 when compared with January 2025; figures for February should be treated as provisional estimates and are likely to be revised when more data are received next month.
  • UK payrolled employee growth for January 2025 compared with December 2024 has been revised from an increase of 21,000 reported in the last bulletin to an increase of 9,000; this is because of the incorporation of additional real time information (RTI) submissions into the statistics, which takes place every publication and reduces the need for imputation.
  • Early estimates for February 2025 indicate that median monthly pay increased by 5.0% compared with February 2024.
  • Annual growth in median pay in February 2025 was highest in the accommodation and food service activities sector, with an increase of 9.3%, and lowest in the finance and insurance sector, with a decrease of 2.1%.

PAYadvice.UK 23/3/2025

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