Thursday, October 29, 2026
13.8 C
New York

Jersey earnings rise by 1.2% after inflation


Statistics Jersey said the report was determined from earnings data collected from a large representative survey of employers and all Government of Jersey departments.

Chief statistician at Statistic Jersey, Ian Cope, said over the last 25 years real earnings had been essentially flat, meaning earnings and Retail Price Index (RPI) had increased by the same amounts over that 25-year period.

He said the new figures showed there was a faster increase in earnings than rise in prices.

This was the fourth year in which the survey was compulsory for employers to complete.

Matthew Gill, a statistician for Statistics Jersey, said, when looking back at figures going back to 2001, there had not been much a change in real-term earnings.

He said: “It’s not necessarily that people are earning less.

“With inflation going up, it is generally something that people will notice more.

“A lot of the inflation recently has been things like petrol, which people notice when topping up their cars and has an effect on deliveries for food and that type of thing.”



Source link

Hot this week

Microsoft profits soar days after announcing thousands of layoffs

Technology giant Microsoft says its profits for the...

Fed rate decision and Warsh news conference: 5 takeaways

Kevin Warsh, chairman of the US Federal Reserve,...

Fed Holds Rates Steady Despite ‘Elevated’ Inflation

Oct. 28, 2026, 3:34 p.m. ETThere is an...

17,332 Solana Programs Need a Rebuild Before Their Next Upgrade

Install the Solana CLI version that Solana's own...

Carillon Chartwell Mid Cap Value Fund Q3 2026 Commentary

Carillon Chartwell Mid Cap Value Fund Q3 2026...

Latest Post

Microsoft profits soar days after announcing thousands of layoffs

Technology giant Microsoft says its profits for the...

Carillon Chartwell Mid Cap Value Fund Q3 2026 Commentary

Carillon Chartwell Mid Cap Value Fund Q3 2026...

17,332 Solana Programs Need a Rebuild Before Their Next Upgrade

Install the Solana CLI version that Solana's own...

Fed rate decision and Warsh news conference: 5 takeaways

Kevin Warsh, chairman of the US Federal Reserve,...

Fed Holds Rates Steady Despite ‘Elevated’ Inflation

Oct. 28, 2026, 3:34 p.m. ETThere is an...
Demo

Related Articles

Popular Categories

Demo