The Dept of Social Services data for Newstart and Youth Allowance recipients in August, released this morning, has allowed us to update our Conus/CBC Staff Selection Jobseeker Trend series for the SA4 regions of Cairns and Townsville. What we see is a continued decline in Trend jobseeker numbers in both regions despite monthly Labour Force data suggesting a slightly softer market in general (see here).
Across the State as a whole the Conus Trend estimates that jobseekers have fallen by 8.8% y/y, althougth this lags the 10.4% reduction seen nationwide. Greater Brisbane (down 8.9%) and the Rest of Queensland (down 8.7%) have seen very similar levels of reductions.
In our own region the Conus/CBC Staff Selection Trend shows Cairns trend jobseekers down 8.7% (to 8,101) in July while Townsville fell rather more slowly at 6.7% (to 6,953).
The full Conus/CBC Staff Selection Jobseeker Trend data-set for Cairns and Townsville can be downloaded below. Please feel free to use this data but kindly acknowledge Conus/CBC Staff Selection when you do so. Further details on the Conus Jobseeker Trend for all the Queensland SA4 regions is available on request by contacting Pete Faulkner.
Conus/CBC Staff Selection Jobseeker Trend Cairns & Townsville – Aug 2019