Pay Not Keeping Pace For Second Year

Friday, 23 August 2019 12:37

Working islanders are enduring the second successive year of real term pay cuts.

Average earnings in Jersey have risen by 2.6% in the year to June, but that is below inflation.

While public sector earnings were 4.8% up, private sector employers saw an average increase of less than half that, just 2.3%

Overall, in real terms workers saw a 0.2% decrease, the second year running wages haven't kept pace with the cost of living.

Earnings have fallen 3% in real terms in the past decade.

Statistics Jersey says the mean average pay packet equates to £40,040 a year (£770 a week), but two thirds of all workers earn less than that.

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