July 2021 has seen a recent rise in early estimates coming in about specific metrics. These metrics include datasets involving the number of patrolled employees compared to last year at the same time. The stats show there has been a 2% increase in employees across the board and this has led to 576,000 employees entering the UK market. In comparison, the number was all the way down to 201,000 during the start of the pandemic in February 2020.
The same report shows there have been 182,000 additional people that are entering patrolled employment compared to June 2021. If you’re interested in marketing jobs then now is a great time to start applying. The early estimates also indicate a noticeable rise in monthly pay as it has gone up by 6.4%. This is compared to the same time last year. The median pay has also gone up by the same amount compared to February 2020. During the period between July 2020 and July 2021, there are more patrolled employees across all ages. This has led to an increase of approximately 247,000 patrolled employees. These employees are younger than 25. There has been an annual growth in patrolled employees with the number going up to 6.1%.
Stats also show there has been a rise in patrolled employees since July 2020 and now. The sector that has seen a real rise is the administrative and support services sector with a rise of 212,000 employees. On the other hand, the wholesale sector has gone down by 50,000 employees.
Based on the metrics out there, three sectors have seen a real depreciation. These are the same sectors that have seen a natural increase in the number of employees on payroll based on underlying estimates. This number has risen over the past two months. The sectors are arts & entertainment (13,000 increase), food service activities (32,000 increase), and wholesale/retail (7000 increase).
There has also been an increase in the amount being paid to those in the arts and entertainment sector. This increase has been reported at 15.9% of the previous number. While the households sector has had a decrease of 0.6% in median pay.
For the annual growth rates, there has been a reduced impact associated with the pandemic. This is essential as there is a noticeable difference between July 2020 and July 2021. The sectors are trending in the right direction compared to that time last year.
Released Data
The estimates that have come in for July indicate there is going to be an increase in median pay in most sectors for the latest period. There has been approximately 85% of the information released on the open market when it comes to the different sectors. All of the work that has been done during the pandemic continues to play a role in some sectors. However, there are revisions in specific sectors for both employees and median pay in the UK.
This release is looking at people that are paid with a PAYE system (Pay As You Earn) and all of that data comes through the Real-Time Information (RTI) System. Those who are going through the CJRS (Coronavirus Job Retention Scheme) are also getting their payments reported through the system. They are included in the data that has been cited here.
The stats that have been produced in this release are for individuals that have had at least a job and been paid through PAYE. The information that has been processed involves monthly estimates throughout the month. This includes new formulae that are applied to the research since the end of 2019. There are international guidelines that are in place to test this data and that is where the methodology has changed when it comes to the underlying stats.