On Air Triple Gold Paul Corkish | 1:00PM - 4:00PM

Chris Thomas has praised the Island's 'diverse economy'

E-gaming was still the biggest sector in 2017/18

Having a 'diverse economy' helps protect the Island from overall economic turbulence.

That's the view of Policy and Reform Minister Chris Thomas.

E-gaming was the biggest contributor in the recently published National Income Report for 2017/18.

However, Mr Thomas says he's aware the past 12 months may have been slightly different for the sector:

We've seen two government reports recently, which give some indication of how the Manx economy is performing - the aforementioned National Income Report 2017/18, but also the Labour Market statistics for last month.

October showed a small increase in unemployment on the previous month, and a slightly higher figure than October 2018.

Mr Thomas discussed those figures with Manx Radio's News Editor, Tim Glover, starting with those out of work:

More from Isle of Man News