WageSight

Employment falls in Swindon as pay rises to £2,692 a month

WageSight Wire · Aug 2026

Employment
116,304 workers (July 2026)
Monthly change
-0.3% (-299 workers)
Annual change
-0.2% (-240 workers)
Median pay
£2,692/month (YoY: +4.4%, £114 more in cash terms)
Total pay bill
+5.7% on the year
Real pay vs Feb 2022
+£62 better off in real terms

Payrolled employment in Swindon fell 0.2% over the year to July 2026, 240 fewer workers, with a further monthly dip of 0.3% sustaining the downward pressure.

Across the South West, payrolled employment edged down 0.3% over the year to July 2026. Swindon ranked 4th of 12 sub-regional areas in the South West by employment change over the past year.

The median pay packet for workers in Swindon stood at £2,692 in July 2026, up 4.4% over the past year and ahead of inflation at 3.03%. After a period of sharp inflation from 2022 that eroded real earnings, wages have been recovering. Workers in Swindon are now £62 a month better off in real terms than in February 2022, when median earnings stood at £2,106 a month. The total pay bill in Swindon rose 5.7% over the year, faster than headcount, suggesting average earnings per worker are improving.

Nationally, payrolled employment edged down 0.3% over the year to July 2026. Across the UK, 580,736 workers entered payrolled employment in June 2026, the most recently available flow data, while 594,229 left, a net loss of 13,493 workers.

“Latest figures show that employers in Swindon have seen a dip in payroll compared to the same month last year. It's hard to tell if this is businesses bracing agains the impact of the current economic uncertainty on inflation. On the flip side, wages for those in work continues to surge. The positive story is that workers in Swindon are seeing their pay packets grow. That's money in people's pockets, and it matters for local businesses and public services. But there will be understandable concern at the employment picture.”

— Paul Hebden, Campaign Salience

South West — employment and pay

#AreaWorkersJobs (yr)Median payPay (yr)
1Bristol231,546+0.0%£2,692+3.9%
2North Somerset99,974-0.1%£2,600+4.2%
3Wiltshire230,860-0.1%£2,663+4.4%
5Gloucestershire CC289,893-0.2%£2,595+4.6%
6Devon CC329,665-0.3%£2,421+4.8%
7Somerset245,493-0.3%£2,530+5.4%
8Torbay54,611-0.4%£2,330+5.0%
9Cornwall and Isles of Scilly229,272-0.4%£2,347+5.1%
10Plymouth119,420-0.4%£2,535+4.9%
11Dorset151,099-0.5%£2,412+4.6%
12Bournemouth, Christchurch and Poole175,117-1.2%£2,508+4.6%

Notes to editors

Figures from WageSight, derived from ONS / HMRC PAYE Real Time Information. Full method at wagesight.com/methodology.

WageSight's newswire places sourced local economic stories — with expert comment — in front of news desks across the UK. To discuss providing commentary for stories in your area or sector, contact [email protected].