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Information and public services for the Island of Jersey

L'înformâtion et les sèrvices publyis pouor I'Île dé Jèrri

Weekly economic indicators published

15 May 2020

Statistics Jersey have today published their latest economic indicators report. Due to the COVID-19 pandemic it is important for key economic information to be available in a timely manner, to inform decision makers, businesses and members of the public. Therefore, in the short term, Statistics Jersey will be producing this report on a weekly basis.

Summary

On 10 May 2020
  • the total number of people registered as ASW was 2,280; this total is 80 higher than a week earlier and 1,420 higher than at the end of the comparable week a year earlier (12 May 2019) 
  • similar numbers of females (1,150 individuals) and males (1,130 individuals) were registered as ASW
  • almost half (47%) of all individuals registered as ASW had been registered for less than one month
  • there were 6,500 active Income Support claims, 20 more than on 3 May 2020 and 870 more than a year earlier (30 April 2019). This latest number of claims provided support for:
    • 8,350 adults 
    • 3,410 children
  • there were 310 active CRESS claims (for individuals having less than 5 years residency); this latest number was 10 higher than a week earlier, on 3 May 2020. These claims provided support for:
    • 380 adults 
    • 60 children
  • a total of 1,320 businesses, covering 3,920 employees, had claimed funding under Phase 2 of the Government Co-Funded Payroll Scheme; around £5.5 million had been paid out under this Scheme
  • road usage and public transport usage both increased compared with the previous week

On 8 May 2020
  • around 20 loans had been approved under the Business Disruption Loan Guarantee Scheme; the total amount of loans approved was £798,000, of which £689,000 had been drawn down
  • there was only 1 property transacted through the Royal Court which was eligible to be included in the Jersey House Price Index 

Read the full report here

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