Jersey earnings rise by average of 1.3% - report

Agriculture and fishing was the only sector to record a decrease in average earnings with a drop of 2.7%, the report found

Wages of people in Jersey working in both the public and private sector have risen by 1.3% since June 2023, a report has found.

Statistics Jersey's average earnings report for June 2024 measured the annual change in gross wages and salaries of workers in the island.

The report also found that average earnings in the public sector increased in real terms by 3.6% while the increase in the private sector was 0.9%.

Average earnings of full-time workers rose by 6.4% in the 12 months since June but the 5% inflation rate meant the increase in real terms was 1.3%.

Agriculture

The data showed the public sector had the highest annual increase, up 8.8% on an annual basis.

Statistics Jersey said this was driven by an 8% headline pay award in the public sector, as well as nurses and teachers receiving delayed pay awards from 2023.

Agriculture and fishing was the only sector to record a decrease in average earnings with a drop of 2.7%.

The statistics body said this was because average working hours in the sector had been reduced by a greater proportion than the 10.9% increase in the minimum wage.

Decrease

This finding showed a marked difference to the 2023 report which said people working in agriculture had the biggest rise in earnings, going up by 19.8% due to a rise in hours worked compared to the previous year.

Average earnings in Jersey have decreased in real terms by 2.4%, the data showed, and average earnings of full-time employees were £1,000 per week.

The report showed the financial sector awarded the highest wages, an average of £1,320 per week, while the lowest paid staff worked in hotels, restaurants and bars for an average wage of £660 per week.