Jobseekers fall again in May

Continuing the trend that has been in place almost every month since the middle of last year, Jobseeker numbers for May have again dropped. Across the nation the number claiming JobSeeker or Youth Allowance (other) in May fell by about 44,000 from April (-3.7% m/m). Queensland saw a 9,200 decline (-3.4% m/m). Totals are now down more than 30% from a year ago.

Cairns also saw a decline for the month (-2.4% m/m) and is down 28.8% y/y. Despite the volatility in the original data the Conus Trend makes the scale, and speed, of the decline apparent.

Yesterday’s labour force data (see here for details) saw another sharp decline in the number of people registering as unemployed, but it is clear that the Jobseeker numbers are still relatively elevated given the level of unemployed; at least some of  the COVID-induced distortions in the labour market remain.

The full Conus/CBC Staff Selection Regional Jobseeker Trend and s.a. data for the Queensland regions is available for download below. Please feel free to use this data but kindly acknowledge Conus/CBC Staff Selection when you do.

Conus/CBC Staff Selection Regional Jobseeker Trend & s.a. QLD – May 2021

Responses

  1. Mark Beath says:

    June 18th, 2021 at 4:28 am

    Why are you conflating the Jobseeker data with the JobSeeker data?

  2. Pete Faulkner says:

    June 18th, 2021 at 5:03 am

    I’ve tried not to…but realise that my post might have done so. I’ll make some edits to hopefully clarify. Now; Jobseekers = JobSeekers + YA (other). Then; Jobseekers = Newstart (looking for work) + YA (other).

  3. Mark Beath says:

    June 18th, 2021 at 11:28 am

    It doesn’t work mate. Try harder.

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