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The release by Queensland Treasury of the State Accounts for the third quarter of 2018 appeared recently. While the ABS produce Gross State Product (GSP) data only on an annual basis at the June quarter, the QLD Treasury produce quarterly Trend estimates (albeit rather delayed). We have previously seen some …read more
Pete spoke to Kier Shorey on ABC Far North this morning about the regional building approvals data released yesterday (see here for our commentary) and in particular the impact the slowdown is having on construction employment in Townsville. You can hear the interview below.
The ABS have released their original, unadjusted December residential building approvals data for the regions this morning which allows us to update our own Conus Regional Building Approval Trend series. Given the poor showing at the state and national level that we saw last week, which showed a trend decline …read more
The latest Dept of Social services data for jobseekers in the Cairns and Townsville regions allows us to update our Conus/CBC Staff Selection Trend Jobseeker data set. This shows a small uptick in the total number of Jobseekers in both regions. Cairns now sits at 8,896 (up from an upwardly …read more
The release by the ABS of the original December regional labour force data allows us to update our own Conus/CBC Staff Selection Employment Trend series for the SA4 regions in QLD. What we see, once again, is the regions doing better than Greater Brisbane. With the ABS Trend unemployment rate …read more
Dec quarter inflation came in this morning pretty much as people were expecting…that is, weak. CPI rose just 0.5% for the quarter which sees the annual rate drop to 1.8% (from 1.9% previously). The more closely watched measures (at least by the RBA) of core inflation, the trimmed mean and …read more
Today’s Labour Force data for Dec from the ABS once again shows the headline, seasonally adjusted unemployment rate dropping (to 5.0% from 5.1%) on the back of a further lift in employment and a slight dip in Participation. The nation added 21,600 to those employed, although they were all in …read more
Pete spoke to John MacKenzie on radio 4CA this morning about the growth in part-time work in Cairns, on the back of an article in today’s Cairns Post. You can listen to the interview below.
The Dept of Employment today released their Small Area Labour Market data for the September quarter. The headline data is presented as a smoothed 4 quarters average at both Local Govt Area and SA2 level. However, hidden in the release is the original, unsmoothed, data and from that we create the Conus Trend …read more
The ABS Overseas Arrivals and Departures data for November, released this morning, shows short term arrivals to Australia growing at 4.4% y/y (seasonally adjusted). Departures (original data) are up 4.0% annually and have been growing at close to this rate for the past year. The rapid growth we have been …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series