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Labour market overview, UK: February 2026
Estimates for payrolled employees in the UK fell by 121,000 (0.4%) between December 2024 and December 2025, and decreased by 6,000 (0.0%) between November 2025 and December 2025. This is based administrative data from HM Revenue and Customs (HMRC). When looking at October to December 2025, the period comparable with our Labour Force Survey (LFS) estimates, the number of payrolled employees fell by 130,000 (0.4%) over the year and by 46,000 (0.2%) over the quarter. The early estimate of payrolled employees for January 2026 decreased by 134,000 (0.4%) on the year, and by 11,000 (0.0%) on the month, to 30.3 million. The ... (full story)
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