LATEST : UK employment up by over 2 million since the EU Referendum

Jobs up? Wages up? Surely this can’t be happening in Brexit Britain?

Montage © Facts4EU.Org 2023

Brexit Facts4EU.Org summarises latest jobs and pay data, defying Rejoiners’ gloom

The number of payrolled employees in the UK in January rose by over ¾ of a million (768,000) compared with a year earlier, defying the backdrop of difficult economic conditions worldwide.

The number of people in payrolled employment is now over two million more than at the time of the EU Referendum, when the Cameron-Osborne government and the Treasury predicted immediate job losses of 520,000 - 820,000.

This means it is almost three million more than the Remain government and the official Remain campaign predicted.

Not only that, but in January 2023 median monthly pay increased by 6.8% compared with January 2022, and has increased by 17.6% when compared with February 2020.

Facts4EU.Org’s analysis of the latest jobs and wages data from the ONS will make Rejoiners even more grumpy than they already are. Perhaps they should look away now.

Latest set of jobs and pay data makes for grim reading for Remainer-Rejoiners

On Tuesday (14 Feb 2023) the Office for National Statistics issued its latest report on employment and earnings for January. Below we summarise these impressive results for our readers.

Brexit Facts4EU.Org Summary

1. Payrolled employment

  • Payrolled employment : Up by 767,934, year-on-year
  • Up by 2,113,264 since the EU Referendum

[Source : Office for National Statistics, 14 Feb 2023. NOTE : We have used the same scales in our charts as the ONS did.]

© Brexit Facts4EU.Org 2023 - click to enlarge

2. Median wages

  • Median monthly pay : £2,187 (up by 6.8% year-on-year)
  • Pre-Brexit and pre-Covid pay increases “tended to fluctuate around 3.6%” says ONS
  • Growth in median pay is now 88.6% higher than at the time of the EU Referendum

[Source : Office for National Statistics, 14 Feb 2023. NOTE : We have used the same scales in our charts as the ONS did.]

© Brexit Facts4EU.Org 2023 - click to enlarge

Let’s take rising employment first

All of the latest figures must be seen against the backdrop of a worsening economic situation amongst all advanced economies, primarily caused by the enormous financial hangover of global governments’ overreactions to the Covid pandemic, plus the hike in energy costs thanks to Putin’s illegal invasion of Ukraine.

Despite this, Brexit Britain’s performance has not only been impressive, it has completely destroyed the credibility of the Remainer-Rejoiners’ forecasts.

Over three-quarters of a million more people are now in payrolled employment, compared to one year ago. And this figure is up by 2.1 million since the EU Referendum.

Rise in average pay – “But what about inflation?” cry the doom-mongerers

If you believe the BBC, UK inflation is currently running at 10.5%. Only it isn’t.

The official measure of inflation is what is known as ‘CPIH’ and it includes the cost of housing. This is what the ONS uses in its official, headline figures. The official figure for January was published on 15 February (2023) and it fell to 8.8% in January.

The BBC continues to use the old measure called CPI. Even if they use that measure they got it wrong. It is not 10.5% as they claim, but 10.1%. That’s the official ONS figure for January. If we knew the figure was coming out on Wednesday, so did they.

Finally on inflation – and before Remainer-Rejoiners accuse us of being ‘selective’ – we’re sorry to tell them that the EU’s official statistics agency uses the same headline figure for inflation as the UK’s ONS, and that is CPIH.

The BBC says “However, when adjusted for inflation which is at 10.5%, regular pay fell by 2.5%.” Not true, even if one uses the outdated CPI measure the BBC uses.

Using the official measure (CPIH) the effect on real wages (accounting for inflation) is a small reduction of 1.3%. Considering the headwinds faced by the economy over the energy crisis caused by Putin, this is not a bad result.

Observations

How this informs today’s key meetings in Belfast and Brussels

Today the PM is in Belfast, trying to sell his sell-out Northern Ireland Protocol deal to the DUP. Surprisngly, this is the first time they will have seen any details of it, despite Northern Ireland being the part of the UK involved most, and despite the DUP being pivotal to the deal’s acceptance.

At the same time, Foreign Secretary James Cleverly is in Brussels, signing it off in principle with the 27 EU ‘Ambassadors’ from each EU member country.

Then tomorrow (Saturday), Rishi Sunak jets off to the Munich Security Summit where he will meet Emmanuel Macron of France, Olaf Scholz of Germany, and other EU leaders to cement eveything.

We strongly advise the PM to read our report above. The UK is not “the poor supplicant”. The EU badly needs the UK market to buy its goods. On almost every important measure the UK has been out-performing the EU. We will be publishing a very important article about sovereignty tomorrow.

The almost unbelievable jobs figures

For there to be over two million more people in payrolled employment since the EU Referendum is a magnificent achievement, considering the EU’s hostile and obstructive approach to the UK since the British people voted Leave in 2016. And this is on top of the Covid lockdowns and the Putin energy crisis.

It must have been an oversight on the part of the BBC and other pro-Remain media outlets not to cover this great news….

The prophets of doom must be called out

When it comes to the prophets of doom such as David Cameron, George Osborne, the BoE, the Treasury and all the others, we demand an apology for so egregiously misleading the public. They weren’t just wrong, they were catastrophically wrong.

The sovereignty of the United Kingdom

When Rishi Sunak and James Cleverly are talking to EU leaders in the next 48 hours, they should hold their heads high and demand nothing other than the restoration of full sovereignty to the entire United Kingdom.

Nothing else is acceptable.

We simply do not understand how the PM could imagine that a deal struck with the EU Commission behind closed doors, with no involvement from democratically elected politicians in Northern Ireland, and no engagement with other Westminster MPs, could possibly work.

More on this in our next report. We are highly active on this today and in the coming days and really, really need financial support to do everything we need to do. Please help now, thank you.

We must get reports like this out there

Reports like the one above take far longer to research, write and produce than many people realise. If they were easy, readers would see other organisations also producing these daily.

However, there’s little point in the Facts4EU.Org team working long hours, seven days-a-week, if we lack the resources to promote them effectively – to the public, to MPs, and to the media. This is where you come in, dear reader.

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[ Source: Office for National Statistics| ] Politicians and journalists can contact us for details, as ever.

Brexit Facts4EU.Org, Fri 17 Feb 2023

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