The figures are included in the Jersey Labour Market statistics published today (April 16) by the States of Jersey which show that employment is up across all sectors by a total of 1,980 jobs in the year ending December 2014. The numbers working in the finance industry were recorded at 12,770, by far the highest proportion of any sector.

 

Geoff Cook commented:

“This is further welcome evidence of a more consistent upturn for the finance industry and an indicator of new business being generated which is good news for the economy. While numbers working directly in banking have declined, a trend that has been reflected in western markets generally since the financial crisis, this has been more than balanced locally by the recruitment of additional people in the trust, private wealth and legal sectors.

“Alongside the announcement this week, that leaders in the finance industry were reporting a consistent level of optimism about future growth in the Business Tendency Survey for the first quarter of 2015, the employment news adds a further positive element for the outlook for the finance sector.”

The figures are included in the Jersey Labour Market statistics published today (April 16) by the States of Jersey which show that employment is up across all sectors by a total of 1,980 jobs in the year ending December 2014. The numbers working in the finance industry were recorded at 12,770, by far the highest proportion of any sector.