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Jersey Chamber of Commerce

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Category: Local Business News  States of Jersey

Weekly economic indicators published 10/07/2020

Jul 10, 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 5 July 2020

  • the total number of people registered as ASW  was 1,910; this total is 70 lower than a week earlier and 1,080 higher than at the end of the comparable week a year earlier (7 July 2019) 
  • a greater number of females (1,000 individuals) than males (900 individuals) were registered as ASW
  • more people were de-registered (100 individuals) than registered (70 individuals) during this week
  • there were 6,440 active Income Support claims, 10 lower compared with 28 June 2020, and 800 more than a year earlier (30 June 2019). This latest number of claims provided support for:
    • 8,370 adults 
    • 3,240 children
  • there were 170 active CRESS claims (for individuals having less than 5 years residency); this latest number was 10 lower than a week earlier. These claims provided support for:
    • 220 adults 
    • 30 children
  • under Phase Two of the Government Co-Funded Payroll Scheme almost £45 million had been paid out for a total 7,660 claims  from April, May and June 2020
  • public transport usage increased by 11% and road usage decreased slightly (down by 1%) compared with the previous week 

On 3 July 2020

  • around 50 loans had been approved under the Business Disruption Loan Guarantee Scheme; the total amount of loans approved was £2,923,700, of which £2,303,700 had been drawn down
  • there were 19 residential properties transacted through the Royal Court, 17 of which were eligible to be included in the Jersey House Price Index

Read the full report here

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