03 November 2017
Jersey's labour market report is published every six months and covers key aspects of both public and private sector total employment.
The latest Labour market report for June 2017 shows that:
- total employment was 61,660, the highest recorded to date
- employment in the private sector was 53,820
- employment in the public sector was 7,840
- total employment was 1,340 higher than in June 2016 representing an annual increase of 2.2%
- employment in the private sector increased by 1,340 on an annual basis
- employment in the public sector saw no net change on an annual basis
- the increase in private sector employment was predominantly due to an increase in the number of full time employees, up by 1,790
- 6,780 jobs in the private and public sectors were on zero-hours contracts, representing 11% of total employment
- there were 7,240 active undertakings in the private sector, 290 more than a year earlier; over half (3,880) were single-person undertakings
At a sectoral level:
- most sectors saw increased employment on an annual basis
- notable annual increases in employment were seen in private education, health & other services (up 430) and construction (up 270); both these sectors recording their highest levels of employment to date
- employment in the finance sector increased by 250 on an annual basis:
- total employment in this sector was the highest recorded for more than 8 years, since December 2008
- trust & company administration saw increased employment, to the highest level recorded by this sub-sector to date
- the banking sub-sector saw a fall in employment, down by 180 on an annual basis, to a level more than 1,900 lower than that recorded in late 2007 and throughout 2008
- the public sector headcount was unchanged over the year to June 2017, largely the net result of a decrease in the number of States of Jersey (SOJ) core employees (down 80) and an increase in the number of SOJ staff on zero-hours contracts (up 70)
Jersey's Labour market report for June 2017