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 3 January 2021
- there were 6,040 active Income Support claims, 410 more than a year earlier (31 December 2019). This latest number of claims provided support for:
- 7,650 adults
- 3,150 children
- under Phase Three and Three+ of the Government Co-Funded Payroll Scheme over £13.8 million had been paid out for a total 3,460 claims for September, October and November 2020
- in total the Visitor Accommodation Support Scheme has seen over £600,000 paid out for a total of 40 claims for October and November 2020
- public transport usage was 75% lower than a year earlier
On 31 December 2020
- around 60 loans had been approved under the Business Disruption Loan Guarantee Scheme; the total amount of loans approved was £3,388,700, of which £3,358,700 had been drawn down
On 18 December 2020
- there were 46 residential properties transacted through the Royal Court, 26 of which were eligible to be included in the Jersey House Price Index (HPI)
- In total during 2020, essentially the same number of HPI eligible properties (995 transactions) were transacted through the Royal Court compared with 2019 (991 transactions)