Jersey publishes finance job figures

Posted: 12/04/2018

The latest Jersey Labour Market report, published this week by the States of Jersey, demonstrate sustained growth in finance sector jobs.

According to the report, employment in the sector increased by 230 jobs on an annual basis, with total employment at the highest level for nine years. 

While there were 50 fewer people working in the banking sector compared with the same time last year, the number of jobs in trust and company administration reached their highest level to date. 

Jersey Finance CEO Geoff Cook commented: “The industry accounts for more than a fifth (22 per cent) of total employment in Jersey, and for every 10 jobs created in the finance industry, an equal amount are created elsewhere in the community. 

“These figures chime with the feedback we’ve had from industry – a recent survey of firms forecast that 800 jobs will be created in the industry over the next five years, 83 per cent of which will be filled by local people.”

• The latest Jersey Labour Market report can be downloaded here

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