The ABS original regional labour force data released today allows us to update the Conus/CBC Staff Selection Regional Employment Trend. This shows that Trend employment in Cairns increased in March by another 1,800 and for the first time ever now sits above 141,000 (actually 141,100). Despite the Participation Rate once again moving higher (to an almost-12 year high) the Trend unemployment rate remains at 4.0%; where it has been for the past 5 months.
The complete Conus/CBC Staff Selection Regional Employment Trend & s.a. data for Queensland is available below. Please feel free to use this data but kindly acknowledge Conus/CBC Staff Selection when you do.