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Information and public services for the Island of Jersey

L'înformâtion et les sèrvices publyis pouor I'Île dé Jèrri

Weekly economic indicators published

08 May 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 3 May 2020
  • the total number of people registered as ASW was 2,200; this total is 270 higher than a week earlier and 1,350 higher than at the end of the comparable week a year earlier (5 May 2019) 
  • a similar number of females (1,110 individuals) and males (1,100 individuals) were registered as ASW
  • around half (50%) of all individuals registered as ASW had been registered for less than one month
  • there were 6,480 active Income Support claims, 160 higher than on 26 April 2020 and 850 higher than a year earlier (30 April 2019). This latest number of claims provided support for:
    • 8,320 adults 
    • 3,400 children
  • there were 300 active CRESS claims (for individuals having less than 5 years residency); this latest number was a 20 higher than a week earlier, on 26 April 2020. These claims provided support for:
    • 380 adults 
    • 60 children
  • a total of 880 businesses, covering 6,680 employees, had claimed funding under Phase 1 of the Government Co-Funded Payroll Scheme; more than £1.9 million had been paid out under this Scheme
  • road usage and public transport usage both increased when compared with the previous week
On 1 May 2020
  • around 15 loans had been approved under the Business Disruption Loan Guarantee Scheme; the total amount of loans approved was £754,000, of which £689,000 had been drawn down
  • there were fewer than 10 properties transacted through the Royal Court which were eligible to be included in the Jersey House Price Index 
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