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Jersey Chamber of Commerce

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Category: Local Business News  States of Jersey

Economic indicators published 11/11/2020

Nov 11, 2020


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 1 November 2020

  • there were 6,090 active Income Support claims, 20 lower compared with 25 October 2020, and 510 more than a year earlier (31 October 2019). This latest number of claims provided support for:
    • 7,730 adults 
    • 3,140 children
  • under Phase Two of the Government Co-Funded Payroll Scheme almost £78.6 million had been paid out for a total 13,610 claims  for April, May, June, July and August 2020
  • under Phase Three of the Government Co-Funded Payroll Scheme almost £5.2 million had been paid out for a total 1,180 claims for September 2020
  • public transport usage was 44% lower than a year earlier

On 31 October 2020

  • the total number of people registered as ASW  was 1,470; this total is 110 lower than a month earlier and 540 higher than a year earlier 
  • a greater number of females (830 individuals) than males (640 individuals) were registered as ASW
  • around 60 loans had been approved under the Business Disruption Loan Guarantee Scheme; the total amount of loans approved was £3,301,700, of which £3,251,700 had been drawn down

On 30 October 2020

  • there were 35 residential properties transacted through the Royal Court, 29 of which were eligible to be included in the Jersey House Price Index 

Read the full report

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