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Jersey Chamber of Commerce

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Category: Local Business News  States of Jersey

Weekly economic indicators 25/09/2020

Sep 25, 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 20 September 2020

  • the total number of people registered as ASW  was 1,650; this total is 160 higher than a week earlier and 710 higher than at the end of the comparable week a year earlier (22 September 2019) 
  • around 200 individuals were newly registered this week 
  • around 170 of whom were registered due to an annual Income Support (IS) process where IS claiming parents, whose youngest child will reach certain ages in the new academic year, are required to seek work or more hours of work - see page 2
  • a greater number of females (940 individuals) than males (710 individuals) were registered as ASW
  • there were 6,210 active Income Support claims, 50 lower compared with 13 September 2020, and 630 more than a year earlier (30 September 2019). This latest number of claims provided support for:
    • 7,940 adults 
    • 3,180 children
  • under Phase Two of the Government Co-Funded Payroll Scheme over £77.1 million had been paid out for a total 13,340 claims  from April, May, June, July and August 2020
  • public transport usage was essentially unchanged compared with the previous week
  • road usage was essentially unchanged compared with the previous week and was at a similar level to that in the comparable week of 2019

On 18 September 2020

  • around 55 loans had been approved under the Business Disruption Loan Guarantee Scheme; the total amount of loans approved was £3,176,700, of which £3,071,700 had been drawn down
  • there were 44 residential properties transacted through the Royal Court, 38 of which were eligible to be included in the Jersey House Price Index  

Read the full report

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