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Jersey Chamber of Commerce

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Category: Local Business News  States of Jersey

Weekly economic indicators 02/10/2020

Oct 02, 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.

This report provides statistics in the following areas:

  • Registered Actively Seeking Work (ASW)
  • Income Support
  • Business Disruption Loan Guarantee Scheme
  • Coronavirus Government Co-Funded Payroll Scheme (Phases One and Two)
  • Royal Court housing activity
  • public transport usage
  • monthly passenger departures from the Island

Summary

On 2 October 2020

  • the total number of people registered as ASW  was 1,600; this total is 50 lower than a week earlier and 670 higher than at the end of the comparable week a year earlier (29 September 2019) 
  • a greater number of females (920 individuals) than males (680 individuals) were registered as ASW
  • there were 6,190 active Income Support claims, 20 lower compared with 20 September 2020, and 610 more than a year earlier (30 September 2019). This latest number of claims provided support for:
    • 7,910 adults 
    • 3,170 children
  • under Phase Two of the Government Co-Funded Payroll Scheme almost £77.8 million had been paid out for a total 13,470 claims  from April, May, June, July and August 2020
  • public transport usage decreased (by 4%) compared with the previous week

On 25 September 2020

  • around 55 loans had been approved under the Business Disruption Loan Guarantee Scheme; the total amount of loans approved was £3,226,700, of which £3,071,700 had been drawn down
  • there were 29 residential properties transacted through the Royal Court, 25 of which were eligible to be included in the Jersey House Price Index 

Read the full report here

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