I shoot RAW then convert to JPG with 98% compression quality. This results in fairly large JPG files but I've never given the compression quality much thought and if I've wanted to save space I've generally downsized the image especially if for viewing on screen only.
The same image has been saved with a different compression (@x = compression) resulting in:
8,950,193 The Great Hall_IMG_7853(@98).JPG
1,536,883 The Great Hall_IMG_7853(@75).JPG
906,546 The Great Hall_IMG_7853(@50).JPG
516,077 The Great Hall_IMG_7853(@25).JPG
259,757 The Great Hall_IMG_7853(@10).JPG
A crop comparison of the above (excluding the 75% file) is:

So to my eyes there is very little difference until I look at the 10% where clearly artifacts are appearing and what appears to be a slight loss of contrast lower than 98% but not changing much till the lower values.
Have I interpreted this correctly and need I be saving at such a high compression ratio?
The same image has been saved with a different compression (@x = compression) resulting in:
8,950,193 The Great Hall_IMG_7853(@98).JPG
1,536,883 The Great Hall_IMG_7853(@75).JPG
906,546 The Great Hall_IMG_7853(@50).JPG
516,077 The Great Hall_IMG_7853(@25).JPG
259,757 The Great Hall_IMG_7853(@10).JPG
A crop comparison of the above (excluding the 75% file) is:

So to my eyes there is very little difference until I look at the 10% where clearly artifacts are appearing and what appears to be a slight loss of contrast lower than 98% but not changing much till the lower values.
Have I interpreted this correctly and need I be saving at such a high compression ratio?