JobSeekers fall in Queensland and Cairns as the better health outcomes pay dividends

Today sees yet more evidence of the better economic outcomes coming from the better health situation being enjoyed by Queensland. Original JobSeeker data from the Dept of Social Services for July showed recipients up over 7,000 across the nation (+0.4% m/m). NSW added almost 1,500 (+0.3% m/m) while Victoria, not surprisingly, added over 12,000 to Centrelink payments (+3.1% m/m).

In Queensland, where the better health outcomes are being reflected in better economic activity, we saw JobSeekers fall 1.3% m/m, almost 5,000 fewer people. In the Cairns SA4 region JobSeeker numbers fell by more than 500 (-2.1% m/m). Indeed, in every Queensland region (other than Outback QLD) the number of JobSeekers fell in July. South and West Australia also saw declines for the month.

The Conus/CBC Staff Selection Trend series, which will display a more lagged response than the original data, shows a continued move higher. A few more months of declines will see the Trend turn (and likely some downward revisions to previous months).

The full data-set is available for download below. Please feel free to use this data but kindly acknowledge Conus/CBC Staff Selection when you do so.

Conus/CBC Staff Selection Regional Jobseeker Trend QLD – July 2020

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