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Jersey Chamber of Commerce

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Category: Local Business News  States of Jersey

Weekly economic indicators - 04/09/2020

Sep 04, 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 30 August 2020

  • the total number of people registered as ASW  was 1,590; this total is 20 lower than a week earlier and 760 higher than at the end of the comparable week a year earlier (1 September 2019) 
  • a greater number of females (830 individuals) than males (760 individuals) were registered as ASW
  • there were 6,260 active Income Support claims, 30 lower when compared with 23 August 2020, and 660 more than a year earlier (31 August 2019). This latest number of claims provided support for:
    • 8,050 adults 
    • 3,190 children
  • there were 70 active CRESS claims (for individuals having less than 5 years residency); this latest number was 10 lower compared with a week earlier. These claims provided support for:
    • 90 adults 
    • 20 children
  • under Phase Two of the Government Co-Funded Payroll Scheme over £68.0 million had been paid out for a total 11,620 claims  from April, May, June and July 2020
  • public transport usage increased (by 3%) and road usage was essentially unchanged when compared with the previous week

On 28 August 2020

  • around 55 loans had been approved under the Business Disruption Loan Guarantee Scheme; the total amount of loans approved was £3,158,700, of which £2,993,700 had been drawn down
  • there were 38 residential properties transacted through the Royal Court, 30 of which were eligible to be included in the Jersey House Price Index 

Read the full report

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