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Jersey Chamber of Commerce

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Category: Local Business News  States of Jersey

Weekly economic indicators published 5 June

Jun 05, 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 31 May 2020

  • the total number of people registered as ASW  was 2,290; this total is 90 lower than a week earlier and 1,450 higher than at the end of the comparable week a year earlier (2 June 2019) 
  • a greater number of females (1,180 individuals) than males (1,110 individuals) were registered as ASW
  • more individuals were de-registered (130 individuals) than registered (50 individuals) during this week
  • there were 6,550 active Income Support claims, essentially unchanged compared with 24 May 2020, and 940 more than a year earlier (31 May 2019). This latest number of claims provided support for:
    • 8,390 adults 
    • 3,410 children
  • there were 190 active CRESS claims (for individuals having less than 5 years residency); this latest number was 90 lower than a week earlier. These claims provided support for:
    • 240 adults 
    • 30 children
  • a total of 3,170 businesses, covering 15,410 employees, had claimed funding under Phase Two of the Government Co-Funded Payroll Scheme; almost £20.3 million had been paid out under Phase Two
  • road usage and public transport usage both increased compared with the previous week

On 29 May 2020

  • around 40 loans had been approved under the Business Disruption Loan Guarantee Scheme; the total amount of loans approved was £1,931,000, of which £1,571,000 had been drawn down
  • there were 14 residential properties transacted through the Royal Court, 9 of which were eligible to be included in the Jersey House Price Index 

Read the full report here

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