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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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