Island's weekly earnings average shoots up 3.4%

Saturday, 26 March 2011 00:00

The average weekly earning on the Island now stands at £590.75

The Treasury’s annual Earnings Survey has revealed a significant increase to the average weekly earnings on the Island.

The average weekly earning on the Island now stands at £590.75, that’s an increase of 3.4%

The diverse economy and number of emerging niche markets like e gaming and aerospace engineering has been attributed to the positive increase.

It now puts the Island just 1.3% below the UK, compared with 2.7% on the previous year.

Treasury Minister Anne Craine has said it’s a real indicator that the Island is weather the economic storm well.

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