Patrick Lynch, CEO of Caritas Jersey, said he was “shocked” by the figure.
He said: “We thought this percentage would be considerably less.
“Although average earnings have increased 7.7% in the last year, this is much less than inflation in that time and has resulted in a real terms cut in pay.”
People working in agriculture saw the biggest rise in earnings, going up by 19.8% due to a rise in hours worked compared to 2022.
The lowest wage increase was 5.2% for people working for care homes, cleaning companies and leisure services.
The median average earnings for full-time workers was £800 per week.
Statistics Jersey said over the past decade, average earnings had dropped by 2.7%.
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