Jersey in Figures 2005

States of Jersey Statistics Unit

Jersey in Figures, 2005

Table of Contents

Table of Contents I Foreword II An Introduction to Jersey III Key Indicators V

1. States of Jersey Income and Expenditure 1
2. Tax Receipts 4
3. Imp ts 7
4. Price s and Earnings 9
5. GVA, GNI and GDP 15
6. Financial Services 18
7. Tourism 22
8. Agriculture and Fisheries 25
9. Size and Land Cover of Jersey 27
10. Population 28
11. Households 32
12. Housing 34
13. Education 39
14. Employment 41
15. Health 48
16. Crime 52
17. Prison 56
18. Fire 57
19. Social Security 58
20. Overseas Aid 59
21. Sea and Air Transport 61
22. Vehicle Transport 65
23. Communications 67
24. Energy 68
25. Water 72
26. Waste Management 73
27. Climate 75

Key Contacts 76 Other Useful Websites 78 Reports Published by the States of Jersey Statistics Unit 79

Page I

Foreword

 Jersey in Figures 2005  presents key economic, social and environmental information on Jersey and aims to be a convenient reference book for government members, public and private institutions, the general public and visitors to the Island.

In aiming to keep Jersey in Figures as a pocket sized publication, we can only publish a summary of the information that is produced about Jersey, but further information can be obtained for the various references that are given. In addition most referenced material that is published by the States of Jersey can be viewed or downloaded from the website www.gov.je. All  information  published  by  the  Statistics  Unit  can  be  accessed  at www.gov.je/statistics.

 Jersey in Figures 2005 is published by the States of Jersey Statistics Unit. We are grateful to all States departments and private organisations for providing the information contained in this edition.

The next edition of Jersey in Figures will be published in March 2007.

I trust readers will continue to find Jersey in Figures a useful reference and comments relating to the content are welcome.

Duncan Millar d

Head of Statistics

States of Jersey Statistics Unit Cyril Le Marquand House The Parade

P O Box 140

St Helier

Jersey

JE4 8QT

Tel: (0044) 1534 440425 Fax: (0044) 1534 440409

Email: statistics@gov.je

An Introduction to Jersey

Jersey is the largest of the Channel Islands with an area of 118.2 sq. km., situated 14 miles off the north-west coast of France and 85 miles from the English coast.

Jersey is a Crown Dependency and is not part of the UK, nor is it a colony, but it owes allegiance  to  the  British  Crown  and  the  UK  is  responsible  for  Jersey s  defence  and international representation. It is not represented in the UK parliament, whose Acts only extend to Jersey if expressly agreed by the Island that they should do so.

Jersey is not a member of the European Union, although it has a special relationship with the EU which is defined in Protocol 3 to the UK Treaty of Accession.

The Island of Jersey is divided into 12 parishes: Grouville , St. Brelade, St. Clement, St. Helier , St. John , St. Lawrence , St. Martin, St. Mary , St. Ouen , St. Peter , St. Saviour and Trinity , each of which is presided over by an elected Conn table, who deals with issues relating to civil matters, and by a Rector who oversees issues relating to ecclesiastical affairs.

St. John St. Mary

St. Ouen

Trinity

St. Martin St. Lawrence

St. Peter

St. Helier

St. Brelade St. Saviour

Grouville

St. Clement

The legislature of the Island is called The States of Jersey , members of which are elected by the population, male and female. The States comprises the Bailiff who is President of the Assembly, the Lieutenant-Governor, 12 Senators, the Constables (Conn tables) of the 12 parishes of the Island, 29 Deputies, the Dean of Jersey, the Attorney-General and the Solicitor-General. They all have the right to speak in the Assembly, but only the 53 elected

Page III

members (the Senators, Conn tables and Deputies) have the right to vote; the Bailiff who is appointed by the Crown acts as Speaker and the Deputy Bailiff presides in his absence.

In December 2005 a new system of government was established in Jersey. The old Committee system was abolished and replaced by a new Council of Ministers working alongside Scrutiny Panels. There are still 53 States members. A maximum of 23 members can be in ministerial positions either as Ministers (ten members) or Assistant Members (up to 13 members). Up to 20 other States members can sit on the Scrutiny Panels.

The economy of Jersey has seen a great deal of change during the past 30 to 40 years as markets have become more international and global travel has increased. This has meant that traditional Jersey industries such as agriculture and tourism are having to operate in fiercely competitive markets and are no longer the dominant industries in Jersey.

However, the international nature of business has allowed the single-most dramatic change to the Jersey economy to take place. Over the past 20 to 30 years the Financial services sector (banking, trust and fund administration and management, accountancy and legal activities) has grown such that it now accounts for just over half of all the economic activity in Jersey and employs almost a quarter of the workforce.

Reliable and timely statistics continue to form the basis of effective policy making. It is hoped that Jersey in Figures can continue to contribute towards this goal.

Further Reading: www.gov.je/ChiefMinister/International+Relations/Profile+of+Jersey.htm

Key Indicators

Economic Data (2004 figures)

Gross Value Added (GVA)  £3.22 billion Gross National Income (GNI) £3.04 billion GNI per head of population £35,000 States General Funds income  £441 million States Net Revenue expenditure  £412 million States Income Tax returns  £363 million

Price s and Earnings

All-Items Retail Price s Index (12 months to December 2005)  2.2% RPI (X) the RPI excluding house purchase costs 2.2%

Annual increase in the rate of average earnings (12 months to June 2005) 5.3%

Population

Resident population (11 March 2001, Census Day) Estimated population (December 2004)

Population per square kilometre (December 2004)

Average annual percentage growth in population (1991-2004) Proportion of population (2001 Census)

working age (women/men 16-59/64 years)

below working age

above working age

Annual crude birth rate per 1,000 population (2004) Annual crude death rate per 1,000 population (2004) Average age at death (2000-2004)

87,186 87,700 760 0.3%

65% 18% 17%

11.1 8.5

men 72, women 79

Housing

Number of private households (2001 Census)  35,562 Average number of persons per private household (2001 Census)  2.38

Page V

1. States of Jersey Income and Expenditure

In 2004, the States of Jersey incurred a deficit of £19 million, as opposed to the £7 million deficit originally forecast. This increased deficit was due to lower than expected tax and duty revenues, income tax revenues falling for the first time in 50 years, and revenue expenditure being slightly above the budgeted level.

The Total Income for 2004 amounted to £441 million, £1 million less than in 2003. Total States net expenditure was £460 million, comprising net revenue expenditure of £412 million and capital expenditure of £48 million. The increase in total States expenditure of 3.8% is the lowest for ten years.

Table 1.1 States of Jersey Income and Expenditure, 2004

Budget Actual Actual 2004 2004 2003

£ million Income £ million £ million

367 Income tax 363 367 54 Imp ts 50 48 14 Stamp duty 15 13 14 Other income 13 14

449 Total income 441 442 (408) Revenue expenditure (412) (393)

41 Surplus before Capital Expenditure Voted 29 49 (48) Capital Expenditure Voted (48) (50)

(7) Balance after Capital Expenditure Voted (19) (1)

Figure 1.1 General Funds Income and Expenditure, 1994-2004

500

400 300

200

100

General revenues income

Non-trading committees net revenue expenditure

0

1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004

1. States of Jersey Income and Expenditure

In 2004, 70% of the net revenue expenditure by non-trading Committees was incurred by the three Committees of Health and Social Services, Education, Sport and Culture and Employment and Social Security.

Table 1.2 Net Revenue Expenditure of Non-Trading Committees, 2003 and 2004

Health and Social Services 116,661 121,599 120,691 Education, Sport and Culture 79,714 87,903 89,635 Employment and Social Security 78,240 80,401 80,216 Home Affairs 37,859 37,582 40,252 Environment and Public Services 23,548 21,966 29,088 Finance and Economics 22,971 19,446 16,613 Economic Development 18,662 18,538 17,236 Policy and Resources 6,267 6,493 6,918 Overseas Aid 4,596 5,306 5,261 Privileges and Procedures 2,474 3,967 4,859 Housing 1,980 (239) 1,563 Other (187) (78) (341) General Reserve 5,016*

Total Net Revenue Expenditure 392,785 407,900 411,991

Figures are in £ thousands.

* the budgeted General Reserve provides for pay and pension increases yet to be agreed at the time of the Budget. As these are agreed they are allocated to the respective Committee.

Table 1.3 Jersey Currency in Circulation (£ Million), 1994-2005

1994 32.3 3.03 5.3 1996 38.4 3.4 41.8 1998 40.7 3.94 4.6 2000 48.4 4.5 52.9 2002 55.2 5.1 60.3 2003 61.0 5.46 6.5 2004 62.8 5.8 68.6 2005 64.5 6.2 70.7

Figures as at December of each year.

Further reading: The Treasurer of the States Financial Report and Accounts.

Page 2

Income and Expenditure for 2006

Income tax, paid by individuals and businesses is expected to raise 82% (or 82p out of each £1) of states income in 2006.

Figure 1.2 Where each pound of States of Jersey money will come from in 2006

Impôts 10p

Income Tax Other Income 82p 5p

Stamp Duty 3p

Source: States of Jersey Budget Report 2006

In 2006, for every £1 the States will spend about 26p will go on health, 18p on education and 17p on employment and social security.

Figure 1.3 Where each pound of States of Jersey money will be spent in 2006

Other Commitees, Economic Environment and  4p Development, 3p Public Services,

5p

Health and Social Finance and  Services, 26p

Economics, 5p

Repayment and Interest on Capital Debt, 7p

Education, Sport and Culture, 18p

Allocation to Capital, 7p

Employment and Home Affairs, 8p Social Security, 17p

Source: States of Jersey Budget Report 2006

2. Tax Receipts

Total income tax revenue in 2004 was £363 million, which was £4 million less than in 2003. Despite this recent fall, tax receipts have increased by 12% since 1999 (a fall of 11% in real terms) and are projected to increase each year until 2009 before falling in 2010 as a result of the introduction of 0/10  (the new corporate tax regime).

For the first time in 50 years the income tax revenue in 2004 was less than that collected in the previous year (by £4 million). Forecasts suggest there will be small increases in the next few years before the introduction of a new corporate tax structure in 2009, leading to a reduction of £80 to £100 million per annum over the period of 2010-2013.

Figure 2.1 Income Tax Receivable, Actual and Estimated, 1999-2015

450 417 432

400 367 367 363 370 385 403 378

334 347

350 324

300

250

200 150

100 50 0

1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015

Actual  Estimated

Figure 2.2 Sources of Income Tax Receipts, 2000-2006

400

300 200 100 0

2000 2001 2002 2003 2004 2005 (Est.) 2006 (Est.)

Self-employed and investment holders

International Business Companies (IBC's) and Exempt Companies (Excos) Employees

Companies

Page 4

2. Tax Receipts

Between 2000 and 2004, tax receipts from employees increased by two-fifths (40%), whilst that derived from companies (excluding International Business Companies, IBCs, and Exempt Companies, EXCOS) decreased by an eighth (12%). Employees paid 36% of total income tax in 2004 compared to 28% in 2000.

In recent years the proportion of tax revenue from companies, IBC s and EXCOS has reduced slightly from 58% in 2001 to 55% in 2004. The decline in tax from corporations has been partially offset by continued growth in revenue from personal tax.

The  growth  in  personal  tax  revenue  is  partly  due  to  the  policy  of freezing  personal exemptions and allowances, causing a slightly higher proportion of people becoming liable to pay tax each year. The effect of this policy has been that the proportion of people eligible for tax assessment and thus liable to pay tax has increased from 57% in 1993 to 73% in 2005.

Table 2.1 Levels of Tax Exemption and Allowance, 2005

Exemptions

Single person £11,020 Single person (aged 63+ years) £12,300 Married couple £17,680 Married couple (aged 63+ years) £20,250 Allowances

Single person £2,600 Married couple £5,200 Earned income (max) £3,400 Wife s earned income (max) £4,500 Child allowance £2,500 Child allowance (higher education) £5,000 Additional allowance* £4,500

* For people with single-handed responsibility for children

The Strategic Reserve

The Strategic Reserve is a capital safeguard against unforeseen events and economic downturn. The Strategic Reserve increases each year as the return on its investments are reinvested. During 2004, the growth from net realised income was £9.6 million and the unre- alised profit on investment was £11.6 million. At December 2004 the market value of the fund s assets was £418 million.

Figure 2.3 Market Value of Strategic Reserve, 1999-2004

500

418 400 368 382 397

335

302

300

200

100

0

1999 2000 2001 2002 2003 2004

Figures are £ millions and stated at market value at 31 December each year. Further reading: Income Tax Office Annual Reports

Page 6

3. Imp ts

3. Imp ts

Imp t duty receipts in 2005 were £49.8 million, £0.5 million less than in 2004, and £3.4 million less than budgeted. The revenue raised from imp t duties has increased by more than 50% since 1999.

Figure 3.1 Customs and Excise Duty Collected, 1994-2005

60

50.3 49.8

30 21.0 22.2 23.1 24.4 28.6 35.0 39.2 47.5

50

40 32.8 34.0

20

10

0

1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005

In 2005, imp t duties on road fuel generated the most revenue, £18.5 million (37% of the total) with tobacco duty raising £12.5 million, 25% of the total imp t receipts. Vehicle registration duty and the individual alcohol categories each contributed between 8% and 11% of total duty collected.

Figure 3.2 Customs and Excise, Sources of Revenue, 2005

Vehicle  Misc. Collections Registration Duty £0.17

£4.03

Spirits £4.06

Road Fuel £18.45

Wine £5.27

Beer and Cider £5.34

Tobacco £12.51

Revenue in £ million.

3. Imp ts

The revenue raised from motor fuel and tobacco duties has increased markedly over the past 10 years. However, whilst duty from tobacco has almost doubled and motor fuels has increased three fold over this period, both are now showing a slowdown. Duty raised from spirits has seen little change whilst that raised from beer and wine has more than doubled.

Figure 3.3 Imp ts Duty Receipts, 1994-2005

20

18

16 spirits

wine 14

cider 12 beer

10 tobacco 8 fuel VRD

6

misc

4 2

0

1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005

Note: VRD = Vehicle Registration Duty, this was first introduced in 2003.

Whilst the rate of duty has increased in most years, the amount of duty liable products imported has generally fallen. In 2005 beer imports were down by 24% on 1994 levels, road fuel down 10%, spirits down 45% and tobacco more than halved. However, wine and cider imports have stayed predominantly flat over the period.

Table 3.1 Annual Quantity of Dutiable Goods, 1994-2005 Quantity (thousands of litres)

1994 1996 1998 2000 2001 2002 2003 2004 2005 Wine 3,657 4,005 4,011 3,882 3,775 3,753 4,066 3,832 4,153 Cider 1,077 1,011 1,056 1,088 1,085 983 1,050 1,133 1,223 Beer 14,170 13,244 13,589 11,884 11,626 11,103 11,303 10,664 10,837 Road fuel 55,500 54,301 54,376 53,160 53,150 53,100 51,878 49,604 50,032 Spirits 372.0 344.1 295.2 254.2 222.0 196.8 224.3 189.9 203.9

(thou of ltrs/alc)

Tobacco 184.7 197.9 152.5 122.5 107.2 102.5 97.3 83.8 68.6 (thou of kilos)

Further reading: Customs and Excise Department, Annual Reports.

Page 8

4. Price s and Earnings

Jersey (All-Items) Retail Price s Index, RPI

The RPI measures changes in the cost of a representative selection of goods and services bought by Jersey households. Over 500 items are included in the Index.

The RPI is an index number based on a point in time (currently June 2000 being set equal to 100). The rate of change of the RPI, quoted as a percentage, normally compares the current index to the same quarter a year previously and hence measures the rate at which prices are changing overall. This annual percentage change is also known as the rate of inflation .

During the twelve months to December 2005, the All-Items Retail Price s Index for Jersey increased by 2.2% to stand at 123.0 (June 2000 = 100). This compares to 2.0% in the twelve months to September 2005 and 5.3% in the twelve months to December 2004.

The large reduction in the rate of increase between 2004 and 2005 is mainly due to the period of increases in mortgage interest rates feeding into house purchases costs coming to an end. Lower increases in food prices in Jersey have also contributed to the smaller rate of increase. However, external factors remain a key feature of current increases, notably with higher oil prices driving the index up.

Table 4.1 Jersey All-Items Retail Price s Index (RPI) in Jersey, UK and Guernsey and the

RPI (X) for Jersey, 2000-2005

2000 Dec 101.6 4.0 2.9 3.9 3.4 2001 Dec 104.7 3.1 0.7 1.9 3.6 2002 Dec 109.8 4.9 2.9 4.4 4.5 2003 Mar 112.4 4.9 3.1 4.7 4.8 Jun 112.9 4.2 2.9 4.3 4.6

Sep 113.9 3.8 2.8 3.3 4.4 Dec 114.2 4.0 2.8 3.9 4.0

2004 Mar 116.6 3.7 2.6 4.2 3.5 Jun 118.3 4.8 3.0 4.5 3.4

Sep 120.3 5.6 3.1 5.2 3.3 Dec 120.3 5.3 3.5 4.9 3.4

2005 Mar 121.9 4.5 3.2 4.6 2.7 Jun 122.6 3.6 2.9 4.6 2.5

Sep 122.7 2.0 2.7 3.8 1.9 Dec 123.0 2.2 2.2 3.3 2.2

The annual change in the RPI excluding house purchase costs, RPI (X) the underlying rate of inflation is the measure used by the States of Jersey for its target inflation level. In 2000 the States agreed to work towards a target rate for underlying inflation of 2.5%. This target was achieved for the first time in June 2005. Underlying inflation has remained at or below target for the last 3 quarters of 2005.

Figure 4.1 Annual Change in RPI (X) compared with the Target Rate of Inflation

6

5 4

3

2

1

Annual % change in RPI(X) Target set by the States of Jersey

0

Dec-99 Dec-00 Dec-01 Dec-02 Dec-03 Dec-04 Dec-05 Further reading: Jersey Retail Price s Index, published quarterly by the Statistics Unit.

Since 1990, the rate of inflation as measured by the RPI has increased at a faster rate in Jersey (average of 4.2% per annum) than in the UK (2.8% per annum). However, over the 12 months to December 2005 the increases were the same (2.2%).

Figure 4.2 Jersey and UK Retail Price s Indices, 1981-2005 (March 1981=100)

400

350 Jersey 300

250

UK 200

150

100

50

0

1981 1983 1985 1987 1989 1991 1993 1995 1997 1999 2001 2003 2005

Page 10

Comparison of Consumer Price s in Jersey and the UK

The comparison of consumer prices between Jersey and UK undertaken at June 2005 showed that:

¥ Since 200 prices averaged across all goods and services in Jersey have risen nearly twice as fast as in the UK, but the 12-months to June 2005 saw fairly similar increases.

¥ In the 12 months to June 2005 Jersey saw a much lower overall increase in food prices compared to both 2004 and the UK, 4% in 2004 and just 0.4% in 2005 compared to 2% in the UK. However, over the past five years, food prices have risen by twice as much in Jersey than in the UK.

¥ Direct price comparisons show that in June 2005 average meat, fish and vegetable prices were a fifth higher in Jersey than in the UK, with a pint of milk still costing on average 60% more in Jersey.

Further reading: Annual UK/Jersey Price Comparison, - the Statistics Unit.

Earnings

The Index of Average Earnings measures changes in gross wages and salaries paid to employees. It includes overtime payments, but excludes bonuses, employers  insurance contributions, holiday pay and benefits in kind.

Figure 4.3 Annual Change (%) in Average Earnings, 1991-2005

10

8.6

8.1

8 7.6

6.1 6.4

6.0 5.5

6 5.0 5.3

4.6 4.7 4.7

4.2

3.3

4

2.3

2

0

91 92 93 94 95 96 97 98 99 00 01 02 03 04 05

9 9 9 9 9 9 9 9 9 0 0 0 0 0 0

1 1 1 1 1 1 1 1 1 2 2 2 2 2 2

Earnings rose by 5.3% in the year to June 2005 compared to 3.3% in the previous year.

The rate of increase in 2005 was similar to the average annual increase recorded during the preceding 15-year period (5.5% per annum).

Figure 4.4 Annual Percentage Change in Average Earnings by Sector, 2004-2005 Electricity, gas and water 8.7

Agriculture 8.2 Public sector 6.9 Manufacturing 6.5

Construction and quarrying 5.7

Wholesale and retail 5.5

Other business activites * 5.0

Transport, storage & communication ** 4.6

Financial services 4.5

Hotels, restaurants and bars 3.2

ALL SECTORS 5.3

0 2 4 6 8 10

Annual percentage change

* The Other business activities sector includes Miscellaneous business activities and private sector Education, health and other services .

**  Transport,  storage  and  communication  includes  the  States  Trading  Committees  (Jersey  Airport, Harbours, Postal Administration and Jersey Telecom).

The survey from which earnings data in Jersey is derived is designed to measure changes in earnings rather than the actual level at a given point in time. The actual figures for weekly earnings, show  in  Figure  4.5, should  therefore  be  considered  as  reasonable approximations.

The average weekly earnings of full-time equivalent (FTE) employees in Jersey in June 2005 was £520. The Financial services sector (£710 per week) had the highest average weekly earnings, whilst Hotels, restaurants and bars  had the lowest (£300 per week).

The median figure is the best measure of the mid-point for an income distribution, if data on individuals  earnings are available. In 2002 the median equivalised pre-benefit household income (of the economically active population, not just those in employment) was £547 per week. This 2002 figure may be up-rated by the annual rates of change in earnings

Page 12

measured between 2002 and 2005, to produce a figure of £625 per week for 2005. This latter figure is per household; dividing by the average number of FTEs per household (1.24)

produces a median earnings of £505 per FTE1 for June 2005.

Figure 4.5 Average Weekly Earnings by Sector, June 2005

800

710 700

610 610

600 530 520 520

390

400 380

310 300

200

0

In examining the changes in the RPI and average earnings, it is clear that often in the past, earnings have on average increased at a faster rate than prices. Between 1990 and 2005 the RPI increased by 86% (or an average of 4.2% per year) whilst average earnings increased by 122% (i.e. more than doubled and at an average rate of about 5.5% per year). More recently the increases have been closer; over the past five years the RPI has increased by 22% (4% per annum on average) and average earnings by 28% (5% per annum on average).

Over the last two years the average annual growth in earnings (4.3% per annum) has been similar to the average annual rate of inflation (4.5%). However, in 12 of the past 15 years earnings have increased faster than prices.

1 Figures taken from the Jersey Income Distribution Survey 2002.

Figure 4.6 Jersey s Index of Average Earnings and Retail Price s Index (June 1990=100)

250

Index of Average Earnings 200

150

All-items Retail Price s Index 100

50

0

1990 1992 1994 1996 1998 2000 2002 2004

Figure 4.7 Annual percentage changes in the Index of Average Earnings and in the

Retail Price s Index at June each year, 1991-2005

10

Average Earnings RPI 8

6

4 2 0

1991 1993 1995 1997 1999 2001 2003 2005

Further reading: Annual Average Earnings Survey and Jersey Economic Digest, Statistics Unit.

Page 14

5. GVA, GNI and GDP

In 2004 the value of economic activity in Jersey was £3.22 billion2. This measure of the value of activity is the Gross Value Added (GVA) for the Island, and is the sum of wages and

salaries and company profits.

The economic activity of Jersey can also be considered in another way, in terms of the wealth of Jersey residents and Jersey-owned businesses; this measure is known as Gross National Income (GNI). GNI is derived from GVA by subtracting money earned in Jersey by businesses owned off-Island but adding back money earned abroad by Jersey residents and businesses. In 2004 GNI for Jersey was approximately £3.04 billion.

Jersey s GNI per capita is amongst the highest in the world; in 2004 only Luxembourg had a higher GNI per capita ($61,000), whilst the USA and UK stood at $40,000 and $32,000 respectively.

Figure 5.1: Jersey GNI per capita in 2004 (PPP $US)3

2 Reliable data on the size of the Jersey economy, produced to internationally agreed standards, only exist from 1998, with the latest data being for 2004.

3 Source: World Bank, calculated using OECD purchasing power parity for £ sterling.

5. GVA, GNI and GDP

activities) has grown such that it now accounts for just over half of all the economic activity in Jersey and employs almost a quarter of the workforce.

Figure 5.2: Gross Value Added by sector4, 2004 g y

18%

7%

51%

7% 5%

4%

3%

Total Gross Value Added 1% 1% 2% £3.22 billion pounds

Finance Other business activities

Public administration Wholesale & retail

Construction Transport, storage and communication Hotels, restaurants and bars Manufacturing

Agriculture Electricity, gas & water

Figure 5.3: Gross Value Added in real terms: constant (2003) prices

4,000

3,000 2,000 1,000

0

1998 1999 2000 2001 2002 2003 2004

4 The Other business activities sector is made up of a range of services and activities (e.g. architects, cleaning services, advertising etc.) and includes rental income of private households. However, such rental

income is excluded from this sector when comparing performance of individual sectors.

Page 16

The six years to 2004 saw two distinct periods of economic performance: 1998 to 2000 saw strong economic growth whilst 2001 to 2004 saw the economy performing less well. The second feature is the strong relationship between the Finance industry and the Jersey economy overall. So as the GVA of the Finance industry grew by 16% in real terms between 1998 and 2000, total GVA for Jersey correspondingly grew by 9%; but when the value added of the Finance sector declined by 17% total GVA correspondingly fell by 11% in the four years to 2004.

The rate at which this decline is occurring lessened significantly in 2004. The decline in real- term GVA was 1% between 2003 and 2004, compared with larger falls of 4% between 2002 and 2003 and of 3% for the previous two years.

Whilst the performance of the whole Jersey economy has mirrored that of the Finance sector during the past six years, there have been differences in the performance of individual sectors as measured by GVA.

Table 5.1: GVA by sector in real terms [constant (2003) prices - £ million]

Percentage change 1998- 2000- 2003-

Sector 1998 2000 2003 2004 2000 2004 2004

Agriculture 60 57 47 44 -5.5 -23.7 -7.5 Manufacturing 73 72 63 60 -1.5 -16.4 -4.7 Electricity, gas and water 41 41 35 34 0.6 -18.4 -2.8 Construction 161 167 164 160 3.5 -3.9 -2.2 Wholesale and retail 221 217 211 209 -1.9 -4.0 -1.2 Hotels, restaurants and bars 132 124 111 109 -6.1 -12.3 -2.5 Transport, storage and communications 134 133 131 132 -1.0 -0.8 0.4 Finance 1,642 1,910 1,609 1,580 16.3 -17.3 -1.8 Other business activities* 192 200 202 208 4.4 3.8 3.1 Public administration 193 211 226 226 9.0 7.1 -0.4 Total GVA 3,203 3,483 3,149 3,114 8.7 -10.6 -1.1

*Excluding rental income of private households, which for 2004 was £353 million. This component is included in the total GVA figure.

Over the entire period of 1998 to 2004, the most notable change in real term GVA occurred in the Agriculture sector, which has seen year on year falls and in 2004 was a quarter smaller than in 1998. The Manufacturing, Electricity, gas and water, and Hotels, restaurants and bars sectors all experienced real term falls of about a sixth over the same period. In contrast, the Other business activities and Public administration sectors saw real-term growth of 8% and 17% respectively over this six year period (3% and -0.4% respectively in the latest year).

Further reading: Jersey Gross Value Added (GVA) and Gross National Income (GNI) 1998-2004: Statistics Unit, September 2005 and Jersey Economic Digest 2005, December 2005.

6. Financial Services

Bank Deposits and fund administration in Jersey

Between 2000 and 2005 total bank deposits held in Jersey have increased by almost £62 billion whilst the number of bank licences has reduced by 24, mainly due to mergers.

Table 6.1 Bank Deposits in Jersey, 2000-2005

2000 73 38.9 77.0 117.9 2001 70 42.1 87.0 129.1 2002 62 43.2 93.3 136.5 2003 55 47.5 108.3 155.8 2004 55 50.7 108.5 159.2 2005 49 55.2 124.5 179.7

Figures as at 30 September each year. Source: www.jerseyfsc.org

Bank deposits grew by £6.6 billion during the third quarter of 2005. Sterling bank deposits increased by £1.2 billion and currency deposits contributed £5.4 billion to deposit growth. Exchange rate movements accounted for approximately £2.7 billion of the total quarterly income.

The total value of funds administered from Jersey has grown by more than £31 billion over the past five years.

Table 6.2 Total Value and Number of Funds Administered from Jersey, 2000-2005

2000 313 1,410 90.3 2001 296 1,696 94.8 2002 403 1,762 96.9 2003 480 1,921 108.2 2004 769 2,208 96.9 2005 906 2,358 122.0

Figures as at 30 September each year. Source: www.jerseyfsc.org

The total value of funds administered from within the Island grew by £9.3 billion during the third quarter of 2005. The Net Asset Value ( NAV ) of funds in Jersey increased by 26% in the 12 months to September 2005 to a new high of £122 billion, and the total number of funds has increased by almost 18% to 906 funds comprising 2,358 separate investment pools.

Page 18

Survey of Financial Institutions

The States of Jersey Statistics Unit runs an annual survey of financial institutions covering banks, trust and company administrators, fund managers and accountants and legal professionals.

The total annual profit of Jersey s financial services sector in 2004 was £1,050 million. This is the same figure as 2003 and constitutes a stabilisation after the series of annual declines which took place between 2001 and 2003.

Figure 6.1 Estimated Total Profit for Jersey s Financial Services Sector, 1997-2004

1,600

1,200 800 400 0

1997 1998 1999 2000 2001 2002 2003 2004

Between 2003 and 2004, profits for trust and company administrators (including legal firms)[5] and fund managers both increased by about 5%. Over the same period, profits for banks fell by 1%, compared to the 7% fall noted for banks between 2002 and 2003.

In 2004, the annual profit of the banking sub-sector was £820 million. Profits for the other sub  sectors  were: fund  management  £108  million  trust; and  company  administration (including legal) £103 million; and accountancy £17 million.

Businesses were asked how they anticipated annual profits for 2005 might compare with their actual profits achieved in 2004. More than three times as many firms forecast that profits would increase during the next 12-month period (calendar 2005) rather than fall. This level of optimism was higher than in the previous round of the survey. The larger firms were generally more optimistic for 2005 than they were for 2004.

Figure 6.2 Expected Change in Profits of Financial Institutions for 2005 relative to 2004

About three times as many firms anticipated that staff levels would increase rather than decrease during 2005.

The largest single source of new employees continues to be the industry itself, although the number of staff recruited from school or university was twice as high as in 2003. In 2004, 185 started employment coming from outside Jersey, whilst 295 left the sector and the Island, a net outflow of 110.

Table 6.3 Profit, Employment and Expenditure of Financial Institutions, 1996-2004

Total Profit £m 783 917 1,203 1,137 1,089 1,047 1,047 Banks 604 673 965 914 888 829 820 Fund managers 59 119 124 102 92 103 108 Trust & co. admin (inc legal) 107 109 97 103 90 98 103 of which: Trust & co. admin 57 Legal 46(p) Accountants 13 16 17 18 20 17 17

Total Manpower (FTE) 9,393 10,881 11,236 11,572 11,657 11,154 11,053 Banks 4,946 5,613 5,526 5,936 5,954 5,436 5,360 Fund managers 798 913 900 904 852 834 798 Trust & co. admin (inc legal) 2,884 3,584 3,980 3,867 3,958 4,194 4,178 of which: Trust & co. admin 1,698 2,140 2,275 1,982 2,035 2,256 2,208 Legal 1,196 1,444 1,705 1,886 1,923 1,939 1,971 Accountants 763 771 830 865 893 690 717

Average Profit

per FTE employee £k 83.4 84.4 107.0 98.7 93.4 93.8 94.7 Total Expenditure

(Jersey & elsewhere) £m 292 322 Total Expenditure

(Jersey only) £m 137 183 207 196 187 174 187 Total Expenditure

on employment £m 242 306 376 415 447 455 467 Average employment cost

per FTE  £k 25.8 28.2 33.5 36.0 38.4 40.8 42.2

(p) provisional

All numbers have been rounded independently

Further reading: Survey of Financial Institutions, 2004. Published annually by the Statistics Unit.

7. Tourism

7. Tourism

Number of Staying Visitors and Day Trippers

Between 2003 and 2004, the total number of staying leisure visitors fell by 0.3% to 377,820. This fall in leisure visitors was significantly less than in previous years. The number of leisure day trippers fell by 9% between 2003 and 2004. Total on-Island visitor expenditure was £215 million, an average of £294 per visitor (all categories).

Table 7.1 Visitor Expenditure, Volume and Occupancy Rates, 2004

On-Island Visitor Expenditure £215 million Total Tourism Visitor Volume 731,000 Staying Leisure Visitor Volume 377,900 Staying Business Visitor Volume 60,900 Staying Conference Visitor Volume 5,500 Day Tripper Visitor Volume 159,600

Registered accommodation establishments 168 Registered tourism bed spaces  13,710

Total bed nights available over year 3.4 million Total bed nights sold over year 2.2 million Total room nights sold over year 1.0 million Average yearly room space occupancy 69% Average yearly bed space occupancy 63%

Figure 7.1 Number of Staying Leisure and Day Visitors, 1990-2004

800 701

666

700

600 584 595 568 563 581 590 544 524

500 499 469 430

379 378 400

300

200 140145 135 140 120 105 135 160 175 175 167 187 194 160 160 100 Day trippers

Staying Leisure Visitors

0

1990 1992 1994 1996 1998 2000 2002 2004

Page 22

7. Tourism

The number of registered bed spaces has reduced by almost two-fifths over the past ten years, although the rate of decline has slowed considerably during the past four years.

Figure 7.2 Number of Registered Bed Spaces, 1996-2005

25,000

21,710 20,738 20,148 19,755

20,000 18,112

16,388

14,947

15,000 14,347 13,710 13,398 10,000

5,000

0

1996 1997 1998 1999 2000 2001 2002 2003 2004 2005

The room occupancy rate for 2004 was 69%, whilst the bed occupancy rate was 63%. Reflecting the seasonality of tourism in Jersey, the lowest occupancy rates occurred between January to March and November to December.

Figure 7.3 Number of Bed Nights Available and Number Sold, 2004

500

412 413

383 389 384

400

322

302 370 301

300 268 359 289

205

200 138 150 145 175 185 156 100 49 66 Bed nights available 53 44

25 Bed nights sold

0

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

7. Tourism

Length of Stay of Staying Leisure Visitors

Between 1995 and 2004 the average number of nights spent in Jersey by leisure visitors has

reduced from 5.8 to 4.9.

Figure 7.4 Average Length of Stay of Staying Leisure Visitors, 1995-2004

8.0

5.8

6.0 5.7 5.7 5.6 5.5 5.4 5.4 5.2 5.0 4.9 4.0

2.0

0.0

1995 1996 1997 1998 1999 2000 2001 2002 2003 2004

Further reading: Jersey Tourism Annual Statistical Reports.

Page 24

8. Agriculture and Fisheries

8. Agriculture and Fisheries

Between 2000 and 2004 the number of arable farms in Jersey reduced by more than a quarter (26%). More recently the number of farms has decreased between 2003 and 2004 but the total area farmed increased by 130 hectares, meaning that a farm s average size has increased and now stands at about 20 hectares (113 verg es).

Figure 8.1 Number of Farm Holdings and Average Size, 2000-2004

400 385 6,200 352

319 6,100

295 284

300 6,000

6,148

5,900

5,800 200

5,762 5,786 5,700 5,649 5,657 5,600

100 5,500

Number of farm holdings

Total Area Farmed 5,400 0 5,300

2000 2001 2002 2003 2004

In real terms (allowing for inflation), the total value of exported arable crops fell by almost half between 1998 and 2004. The export value (in real terms) of potatoes rose by about a third (£5.9 million) from 2003 to 2004 but that of tomatoes fell by about a third (£3.1 million) during the same period.

Figure 8.2 Value of Export Arable Crops, 1998, 2003 and 2004 (£ million expressed in 2004 Price s)

70 60 50

40 30 20 10 0

1998 2003 2004

Source: Jersey Agriculture. Further Reading: Agriculture and Fisheries Annual Reports.

8. Agriculture and Fisheries

Page 26

9. Size and Land Cover of Jersey

9. Size and Land Cover of Jersey

Jersey has a total surface area of 118.2 square kilometres (km2)7 and is divided into 12 civil parishes, ranging in size from St Clement (4.2 km2) to St Ouen (15.0 km2).

In 1997, more than a fifth of the land area was developed, a fifth was grassland and almost a third was arable.

Table 9.1 Area of Jersey by Parish

St Ouen 3,707 8,341 5.8 15.0 13 St Brelade 3,157 7,103 4.9 12.8 11 Trinity 3,030 6,817 4.7 12.3 10 St Peter 2,875 6,469 4.5 11.6 10 St Helier* 2,550 5,738 4.0 10.6 9 St Martin 2,455 5,524 3.8 9.9 8 St Lawrence 2,337 5,257 3.7 9.5 8 St Saviour 2,296 5,166 3.6 9.3 8 St John 2,154 4,846 3.4 8.7 7 Grouville 1,935 4,354 3.0 7.8 6 St Mary 1,602 3,605 2.5 6.5 5 St Clement 1,044 2,349 1.6 4.2 4 TOTAL 29,142 65,569 46.0 118.2 100

* The area of St Helier includes reclaimed land area of 957 Verg es (2 km2). Table 9.2 Land Cover of Jersey, 1997

Arable 20,672 29.3 Grassland 15,469 21.9 Development 14,758 20.9 Semi-natural 6,317 9.0 Inter-tidal 4,706 6.7 Woodland 4,472 6.3 Multi-classed 4,004 5.7 Inland water 251 0.4 Unclassified 2 <0.1 TOTAL 70,681 100.0

Area includes inter-tidal zone and reclaimed land.

Further reading: CLEVER-Mapping of Land Cover in Jersey.

7 Including reclaimed land at St Helier.

10. Population

Total Population

The resident population of Jersey at the end of 2004 was estimated as 87,700, which represents an increase of about 100 from December 2003.The net increase was comprised of an increase of 220 due to natural growth (the excess of births over deaths, with the number of deaths in 2004 being the lowest for 37 years) and a decrease of 120 due to net outward migration. On 11 March 2001 (Census Day), the resident population in Jersey was 87,186.

Figure 10.1 Jersey s Population, 1821-2001

100,000

75,000 50,000 25,000

0

1821 1841 1861 1881 1901 1921 1941 1961 1981 2001

Population figures from 1981 to 2001 are for the total resident population (i.e. excluding short-term visitors but including temporarily absent residents); those from 1961 to 1976 exclude visitors but include an estimate of the number of absent residents. Population figures from 1821 to 1951 include visitors but exclude temporarily absent residents.

Table 10.1 Total Resident Population, 1981-2004

Total

1981 76,050 1986 80,212 1989 82,809 1991 84,082 1996 85,150 2000 87,100 2001 87,186 2001* 87,400 2002* 87,600 2003*(r) 87,600 2004*(p) 87,700

(r): revised; (p) provisional.

*estimated using Census 2001 (11 March) population and annual birth, death, employment, health and education data (as at end of December each year).

Page 28

Migration

Migration into and out of the Island consists of a dynamic ebb and flow of migrants in both directions (excluding the annual movement of some 4,000 short-term seasonal workers present in the Island for less than one year).

The net migration in a given calendar year is therefore the difference between two much greater  numbers, those  arriving  less  those  leaving. The  three  years  2000-2002  were characterised by small net inward migration of less than 100 per year, reflecting the general stability of the labour market during this period. 2003 however, saw a net outward migration of more than 200 persons, reflecting the fall in private sector employment. Net migration was again outward in 2004 as further jobs were lost, though at a lower level than in 2003.

Figure 10.2 Net Migration, 2000-2004

200

100 40 70 80

0

-100

-120

-200

-300 -230

-400

2000 2001 2002 2003 2004

In 2001, almost two-thirds (65%) of the total resident population were of working age (women/men aged 16-59/64 years), 17% were above working age and 18% below working age. These proportions have been substantially constant since 1981, although the absolute numbers in each category have increased.

Figure 10.3 Age Structure with Respect to Working Age, 1971-2001

100,000

75,000 13,851 14,507

13,537

11,850

50,000

56,005 57,013 43,243 49,660

25,000

14,212 12,852 14,226 15,666

0

1971 1981 1991 2001 Below working age Working age Above working age

Note: school leaving age increased in 1992 from 15 to 16 years of age.

On  March  2001, over  three-quarters  of the  resident  population  of Jersey  possessed housing qualifications within the a-h  category. At that time, about a fifth of the resident

population were non-locally qualified under the Housing Regulations in effect at the time. Table 10.2 Residential qualifications of the Resident Population, 2001

a - h 77 j - k 2 Non-qualified 21

*As defined under the Housing Regulations.

**Individuals aged 15 and under do not possess residential qualifications.

Table 10.3 Population by Residential Qualification and Year of Arrival, 2001

Children

Year of arrival Qualified Non-qualified < 16 yrs Total

At birth 29,850 13,715 43,560 Before 1980 18,950 18,950 1980 825 825 1981 650 655 1982 590 145 730 1983 550 165 720 1984 515 230 740 1985 555 270 5 825 1986 520 320 20 860 1987 600 395 35 1,030 1988 545 365 35 940 1989 500 505 55 1,060 1990 485 550 60 1,095 1991 415 500 80 1,000 1992 350 455 95 905 1993 335 485 95 915 1994 420 615 125 1,160 1995 475 740 150 1,365 1996 555 745 180 1,480 1997 495 815 195 1,505 1998 505 960 195 1,660 1999 565 985 245 1,795 2000 635 1,565 330 2,535 2001 140 675 55 870 Total 60,025 11,485 15,665 87,185

Numbers are rounded independently to the nearest 5; cells containing 0 or a non-zero number less than 3 have been left blank.

Page 30

Population Density

The population density of Jersey is approximately triple that of England, but a fifth (20%) less than that of Guernsey.

Table 10.4 Population Density of Jersey and Other Jurisdictions

Jersey* (2004) 87,700 116 760 Guernsey 59,807 63 950 Isle of Man 76,315 572 130 United Kingdom 58,789,000 242,910 240 England 49,139,000 130,422 380

Population figures for jurisdictions other than Jersey are from the corresponding 2001 Censuses.

* If the 2 km2 of the St Helier reclamation site are included in the total area of Jersey, the population density is 740 per km2.

Ethnic and Cultural Background

At the time of the 2001 Census, approximately half of the resident population considered themselves to be of Jersey cultural background. More than a third (35%) thought of themselves as British, whilst 6% of the population considered themselves to be Portuguese or Madeiran.

Figure 10.4 Cultural Background of the Jersey Resident Population, 2001

Asian Black African/

325 Black Caribbean

and Other Black

Irish, French and  background

Other white  255 Other mixed background 366

5,786

Portuguese/

Madeiran

5,548 Jersey 44,589

British 30,317

Figures are the number of residents in each self-designated ethnic/cultural category.

Further reading: Population update 2004, published annually by the Statistics Unit. Further reading: Report on the Jersey Census, 2001 , published by the Statistics Unit.

11. Households

11. Households

Private Households

The number of private households in Jersey recorded in the 2001 Census was 35,562.

Owner-occupier  households  accounted  for  approximately  half (51%)  of all  private households. About  one  in  seven  (14%)  private  households  lived  in  social-rented accommodation  as  States  of Jersey, housing  trust/association  or  Parish  tenants. The corresponding figures for Great Britain in 2000 were 68% of households being owner occupiers and 21% renting from the social sector.

Table 11.1 Tenure of Private Households, 2001

Owner-occupier 18,031  51 States, housing trust/association or Parish tenancy 5,017 14 Private rental accommodation 7,857 22 Tied (staff) accommodation 1,700 5 Private lodging 1,539 4 Registered Lodging House 1,269 4 Other 149 + Total 35,562

+ represents a non-zero percentage less than 0.5.

Number of Persons per Household

The average number of people per private household has slightly reduced between the 1971 and 2001 Censuses[5].

Table 11.2 Average Number of Persons per Household, 1971-2001

Average number of persons per household 2.79 2.59 2.47 2.41 2.38

11. Households

Size of Households

Two person households, followed by one person households, were the most common size of household in Jersey in March 2001.

Figure 11.1 Number of Households by Size, 2001

more than 5 persons 677

5 persons 1,656

4 persons 4,980

3 persons 5,640

2 persons 12,782

1 person 9,827

0 5,000 10,000 15,000

Number of households

Number of Rooms

The most common number of rooms occupied per household in 2001 was between four and six (excluding bathrooms, toilets, halls, landings or rooms used for storage).

Table 11.3 Number of Rooms Occupied by each Private Household, 2001

Percentage of all

5 7 15 51 17 4 private households

Further reading: Report on the Jersey Census, 2001, published by the Statistics Unit.

12. Housing

Type of Dwelling Occupied

A total of 30,742 dwelling units were recorded as occupied at the time of the 2001 Census. The total dwelling stock (including vacant dwellings) was 32,704 units.

59% of private households were living in a whole house or bungalow, half of which were detached units. A further 21% of households lived in a purpose-built flat, and the remaining 20% were living in part of a converted house, commercial building or temporary structure.

Table 12.1 Private Households by Type of Dwelling Occupied, 2001

Whole house or bungalow

Detached 10,401 29 Semi-detached 6,782 19 Terraced  3,879 11 Flat, maisonette, apartment

Purpose-built 7,510 21 Part of converted house 5,799 16 In a commercial building 1,068 3 Temporary or mobile structure 123 + Total 35,562 100

+ represents a non-zero percentage less than 0.5. Percentages may not add to 100 due to rounding. Table 12.2 Private Households by Type of Dwelling and Tenure, 2001

Tenure

Owner-occupier 8,308 4,486 2,469 1,758 920 85 18,026 Social-rented 139 741 480 3,521 118 18 5,017 Private Rental 1,553 1,207 729 1,542 2,304 519 7,854 Tied (staff)  158 128 60 296 621 322 1,700* Private Lodging 195 181 105 116 888 54 1,539 Lodging House + 8 16 268 929 47 1,268 Other 47 31 20 9 19 23 149

* includes 115 households in temporary or mobile housing units

+ represents a non-zero number less than six.

Page 34

The Jersey House Price Index

Between 1992 and 2002, the cost of a three-bedroom house in Jersey almost doubled. More recently prices have been stable or increasing at a rate of around 3% per year.

Figure 12.1 The Jersey House Price Index, 1985-2005

600

500

400

300

200

100

Index (1985 = 100)

0

1985 1987 1989 1991 1993 1995 1997 1999 2001 2003 2005

In 2003 a new methodology was developed to calculate the Jersey House Price Index. The new methodology incorporates the prices of one and two bed-roomed flats and two, three and  four  bed-roomed  houses  and  thus  provides  a  more  comprehensive  measure  of changes in property prices in Jersey. In the chart above the old index (based on three bed- roomed houses) is used for years prior to 2002.

The overall average price of dwellings in Jersey has remained reasonably stable during the past two years, but with some property-type specific movements.

Table 12.3 Average Price s (£,000) for Individual Property Types, 2002-2005

The average (mix-adjusted) price of dwellings sold in Jersey in the third quarter of 2005 was £345,000. This is around 85% higher than that in the UK as a whole, and about 28% higher than in Greater London.

Table 12.4 Average Price of Dwellings Sold in Jersey and the UK, 2004-2005

Jersey 322 330 331 334 345 UK 179 180 181 183 186 England 191 192 191 192 195 Wales 138 140 142 145 148 Northern Ireland 112 114 123 125 133 Scotland 115 116 117 125 128 Greater London 265 262 263 265 270 South East (excl. London) 234 234 232 232 235 East 202 205 204 203 206 South West 198 199 200 197 200 West Midlands 160 164 161 163 167 East Midlands 157 160 158 158 160 North West 140 142 142 145 148 Yorkshire and Humber 137 139 137 142 146 North East 128 129 128 130 134

Price s are rounded to the nearest £1,000.

First Time Buyers

There are a number of sites in Jersey which have had dwellings built exclusively to be available at a more affordable price to First Time Buyers (FTB). Due to the relatively small number of such transactions, FTB properties are presented on an annual basis and only at a combined flat and house level.

Table 12.5 First Time Buyer Properties, 2002-2005. ( Price s are in £ thousands)

Flats

Mean price 160 186 215 200 Transactions 59 52 23 5 Houses

Mean price 222 239 292 270 Transactions 44 18 11 87

Fluctuations in the annual mean price of FTB properties can occur for a number of reasons, including: the relatively small number of transactions of such properties taking place each

Page 36

year; and specific FTB sites vary somewhat in designated price and as such the annual figures reflect which site has come onto the market in a given year. For example, flats in Woodville Apartments in 2002 were generally available at a lower price than those in Albert Place in 2003.

Between 2002 and 2005, 299 purpose built first time buyers homes were completed. This represents completions at a greater rate than over the previous 15 years when about 1,000 FTB homes were completed in total.

House Rents

In 2005 the average weekly private rental cost of a three bedroom house was £314, whilst the cost of renting a two bed flat was around £211. However, as with house prices, the cost of renting any specific property will be determined by various factors including location, condition and facilities.

Figure 12.2 Average Weekly Rental Costs, 2005 (£/week)

450

394 400

350 314

300

250 211 235

200

146

150

100 50 0

1 Bed Flat 2 Bed Flat 2 Bed 3 Bed 4 Bed House House House

Figures complied using Housing Department consents data.

Further reading: Jersey House Price Index, published quarterly by the Statistics Unit.

Planning Applications

The number of planning applications per year fell by almost 30% between 2000 and 2004.

Figure 12.3 Planning and Building Control Applications, 1998-2004

5,000

4,000 3,000 2,000 1,000 0

1998 1999 2000 2001 2002 2003 2004

Source: Planning and Environment Department.

States rental waiting list

At the end of 2004 just over 200 people were on the States Rental waiting list, representing about half the number on the list at the turn of the decade and a quarter of the number in the late 1980 s and early 1990 s.

Page 38

13. Education

13. Education

Number of Pupils

The total number of children in primary and secondary education in Jersey increased by almost 350 between 2000 and 2004 (from 12,856 to 13,202), comprising an increase of 641 in secondary schools and a decrease of 295 in primary schools.

Figure 13.1 Number of Pupils in Primary and Secondary Education, 2000-2004

8,000

6,082 6,052 6,005 5,900

5,842 6,000

4,486 4,593 4,708 4,858 5,024 4,000

2,000 1,377 1,375 1,381 1,355 1,322 911 943 1,007 1,022 1,014

0

2000 2001 2002 2003 2004

States primary Private primary

States secondary Private secondary

Figures are for January of each year.

The number of children undergoing special needs education increased by more than 40% between 1998 and 2000. Since then, although the number has fallen, the proportion of pupils with special needs has increased.

Table 13.1 Children with Special Educational Needs, 19982004

Children with special educational needs 252 318 364 379 370 346 308 Percentage of total pupils aged 5-16 years 2.2 2.7 3.0 3.1 3.0 2.8 3.3

13. Education

Students Remaining in Education

In 2004, 70% of Jersey students stayed on in full time education at 17 years of age compared with 60% in the UK.

Figure 13.2  Percentage of Students Staying on in Full-Time Education at 17 Years of Age,

1990-2004

100

83 85 85 84 83

77 79 77 77 79

80 70 75 75 74 70 60

58 58 58 57 58 58 58 58 59 59 60

40 53 49 54

43

20

Jersey UK

0

1990 1992 1994 1996 1998 2000 2002 2004

Pass Rates

Approximately two-thirds (68%) of all GCSE students in Jersey in 2004 achieved five or more grades A* to C compared with about half (53%) in the UK. About four-fifths (81%) of all A level entries in Jersey in 2004 achieved grades A to C compared with about two-thirds (69%) in the UK.

Figure 13.3 Proportion of Students Achieving 5 or More GCSE s Grades A* to C, 1997-2004

100

75 60 65 63 67 66 67 68

56

50 45 46 48 49 50 50 53 53 25

Jersey

UK

0

1997 1998 1999 2000 2001 2002 2003 2004 Further Reading: Education Department Annual Reports.

Page 40

14. Employment

The Jersey Labour Market

In June 2005, a total of 52,910 people were employed in Jersey, around 60% of the total resident population. In the private sector (including Trading Committee9 and single person enterprises) 46,420 were employed in June 2005, 600 (1.3%) more than a year earlier. Public sector employment was 6,490, which was 60 (0.9%) less than a year earlier.

There is a fair degree of seasonality in the Jersey labour market, with around 3,500 more people employed in the summer than in the winter. The main drivers are the Agriculture sector which employed about 300 more people in June 2005 than in December 2004; Hotels, restaurants and bars employed around 2,000 more people in the summer; and the Transport and communications sector around 200 more.

Around 82% of all people employed were locally qualified (as defined by the Regulation of Undertakings and Development Law), a further 2% were j category and 16% (representing almost one in six workers) were not locally qualified.

Figure 14.1 Employment (headcount) in the Private and Public Sectors, 1996-2005

60,000 Total

50,000

40,000

Private sector 30,000

20,000

10,000

0

Jun-96 Jun-97 Jun-98 Jun-99 Jun-00 Jun-01 Jun-02 Jun-03 Jun-04 Jun-05

Employment by Sector

In  June  2005, almost  a  quarter  (22.4%  or  11,830  people)  of Jersey s  workers  were employed in Financial and legal services. The next largest sectors in terms of employment were Wholesale and retail trades (15.9% or 8,400 people) and the Public Sector (excluding

States Trading Committees9) which accounted for about an eighth of total employment.

9Jersey Airport, Harbours, Postal Administration and Jersey Telecom.

Figure 14.2 Sectoral Breakdown of Employment (Headcount), June 2005

15,000

12,500 11,830

10,000 8,400

7,500 6,490 6,140

4,950 4,770

5,000

3,060 2,710

2,500 1,800 1,780

500 480

0