Monthly data on employment, unemployment and economic inactivity.
Headline labour market indicators, 3 months to January 2022
The headline labour market indicators estimated from the Labour Force Survey (LFS) provide an indication of how the coronavirus (COVID-19) pandemic is affecting the labour market. Other data sources, such as the number of paid employees presented later in this headline, can also be used to produce a more complete picture.
The employment rate in Wales was 74.4%. This is up 0.4 percentage points on the quarter and up 2.3 percentage points on the year. This is the largest annual increase since December to February 2019.
The UK employment rate was 75.6%. This is up slightly on the quarter and up 0.9 percentage points on the year. This is the largest annual increase since May to July 2016.
The unemployment rate in Wales was 3.0%. This is down 0.7 percentage points on the quarter and down 1.6 percentage points on the year. This is the lowest unemployment rate since April to June 2020 and the largest annual decrease since June to August 2016.
The UK unemployment rate was 3.9%. This is down 0.2 percentage points on the quarter and down 1.2 percentage points on the year. This is the largest annual decrease since January to March 2015.
Economic inactivity rate
The economic inactivity rate in Wales was 23.2%. This is unchanged over the quarter and down 1.1 percentage points on the year.
The UK economic inactivity rate was 21.3%. This is up slightly over the quarter and unchanged over the year.
Monthly paid employees and earnings from Pay As You Earn Real Time Information
The Office for National Statistics and HM Revenue & Customs publish data for Wales on payrolled employees, mean pay, aggregate pay and single month estimates for median pay.
The number of paid employees has generally increased in recent years, but fell during the pandemic. The number of paid employees began increasing again at the end of 2020 and is now above the pre-pandemic level.
Early estimates for February 2022 indicate that the number of paid employees in Wales has increased by 11,000 (0.9%) over the month to 1.29 million. This is above the pre-pandemic estimates from February 2020, and an increase of 64,700 since the lowest point of the pandemic in November 2020.
Early estimates for February 2022 at a UK level showed a monthly increase of 275,300.
Other detailed breakdowns of paid employees including by local authority, by age and by sector are published by the Office for National Statistics.
Labour market overview: March 2022 , file type: PDF, file size: 1 MB
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