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Jersey Chamber of Commerce

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Category: Local Business News  States of Jersey

Economic indicators 10 March 2021

Mar 10, 2021


Statistics Jersey have today published their latest economic indicators report. This monthly report is a continuation of the previously published series of weekly economic indicators, now produced on a less frequent basis. The aim of these reports is to provide economic information to decision makers, businesses and members of the public during the COVID 19 pandemic.

Summary

On 28 February 2021

  • the total number of people registered as ASW was 1,410; this total is 40 lower than a month earlier and 550 higher than a year earlier 
  • there were 6,030 active Income Support claims, 410 more than a year earlier (29 February 2020). This latest number of claims provided support for:
    • 7,620 adults 
    • 3,170 children
  • in phases Three, Three+ and Four of the co-funded payroll scheme, cumulatively over £30.3 million had been paid out for a total of 6,710 claims for the period of September 2020 to January 2021
  • in total the Visitor Accommodation Support Scheme has seen almost £2.6 million paid out for a total of 170 claims for the period of October 2020 to January 2021
  • weekly public transport and road usage were 45% and 3% lower, respectively, than a year earlier 
  • around 60 loans had been approved under the Business Disruption Loan Guarantee Scheme; the total amount of loans approved was £3,428,700, of which all had been drawn down 
  • over 900,000 fewer passengers departed the Island in 2020 (249,320) compared with the annual average for 2017-19 (1,178,270)

On 26 February 2021

  • after the first eight Royal Court sittings in 2021, 146 HPI eligible properties had been sold; this was higher than seen at this point in any year 2018 - 2020

Read the full report

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