Split of jobs growth between Brisbane and the Rest of QLD

Our new Conus Trend employment data for all the QLD regions (available here) allows us to look in more detail at how jobs growth has been split between Greater Brisbane and the Rest of QLD. In the chart below we have taken the 12 month moving average of our own Conus Trend data to see the longer term movements in this metric. The chart  shows that for the past 12 months Greater Brisbane has been leading the Rest of QLD but that for the three years before then the position was reversed. What is also clear is that since the third quarter of 2012 the trend in jobs growth the SE and the regions has seen a significant improvement.

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2 replies
  1. Gene Tunny
    Gene Tunny says:

    Interesting Greater Brisbane and Rest of Qld contribute roughly equally to employment growth. Will have to check population figures but first impression is that it must imply Greater Brisbane disproportionately contributes to employment growth (assuming GC and SC not in GB). Possibly because of significant commuter workforce from GC and SC into GB.

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  2. Pete Faulkner
    Pete Faulkner says:

    Quite right Gene. Gold and Sunshine Coasts are indeed included in Rest of Qld. As at the 2011 Census the population of the Rest of Qld sat about 9% higher than for Greater Brisbane (2.25 million versus 2.07 million) which would suggest a disproportionate employment growth from Greater Brisbane. I suspect that your suggestion of commuters from the Gold and Sunny Coasts could well be contributing factors.
    Also interesting to note that the volatility of employment growth appears to have changed since (about) the GFC. Prior to 2007 GB appeared to be more volatile; since the GFC its been the Rest of Qld that has seen far greater volatility…impacts of a strong A$ and a mining boom perhaps?

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