Jobs boom

THE working population hit a record high last year with more people now employed in the finance industry than at any time in the Island's history.



Official figures released today reveal that the number of employed Islanders reached 53,040 in December, 1,460 more than at the same time in 2006.

That equates to a three per cent rise in the labour force - three times as high as the States target of one per cent.

Also in December, the size of the finance industry workforce exceeded 13,000 for the first time, providing yet more evidence of last year's economic boom.

All but 70 of the 1,460 extra workers were in the private sector, and two-thirds had lived in Jersey for at least five years and were therefore locally qualified. (from thisisjersey)


Thank god for the finance industry.. at least thats the rumour...

Yes true GD but if they were ever to pull out then what happen's

Pegasus wrote:Yes true GD but if they were ever to pull out then what happen's

Negative equity is most likely the biggest problem, followed, or equalled, by the States inability to meet expectations with regard to the services it could provide.

Not a happy picture, and to all those people that bitch about the over-population, over-development of Jersey and the 'big, bad finance industry' I hope they don't complain if faced with the financial problems of not having the finance industry.

It is not the industry that is at fault, it's the States complacency in not managing other industries alongside it, and the difficulty is that those other industries would need even more development than the finance industry and then those same nay-sayers of the finance industry would be bleating again too.