26 August 2015
The Index of Average Earnings measures the annual changes in earnings (gross wages and salaries, excluding bonuses) paid to employees.
The latest report for June 2015 shows that:
- in June 2015 average weekly earnings in Jersey were 1.8% higher than in June 2014
- the latest annual increase is 0.8 percentage points lower than that of the previous twelve-month period (2.6% to June 2014)
- average earnings increased by 0.9 percentage points more than retail prices over the twelve months to June 2015
- private sector average weekly earnings increased by 2.2% over the twelve months to June 2015
- public sector average weekly earnings were unchanged over the twelve months to June 2015,
corresponding to an annual change of 0.0% - in real terms, adjusting for retail price inflation, average earnings in Jersey have been essentially flat since 2001, increasing by less than 1% over the 14-year period
- private sector earnings have increased by 1% in real terms since 2001
- public sector earnings have decreased by almost 3% in real terms since 2001
- the mean average weekly earnings of full-time equivalent (FTE) employees in Jersey in June 2015 was £680 per week
Download Index of Average Earnings report for June 2015 (size 541kb)