Regular readers will be well aware that there are various ways to look at the labour market; the standard “unemployment rate” being just one of them. Another, less well known measure, is provided by way of the Dept of Social Services data in their monthly payment recipients release (available here). When looking …read more
Today saw the release of the Feb monthly Regional Labour Force and the quarterly regional Industry employment data. Both data-sets are best seen through the lens of the Conus Trend series, so we shall start with the monthly data. Employment growth across QLD remains strong at 4.7% y/y (see here …read more
There is little doubt that the labour market in Australia has been doing quite well in the past 12 months; how well tends to depend on your political leaning, but most people agree there’s been some strength. However, where we get into muddy waters is when pollies (and some commentators …read more
Today’s release of the National Visitor Survey from Tourism Research Australia (available here) is something of a mixed bag for TNQ. While overnight domestic visitor numbers across Australia rose by 7.1% for the year to Dec 2017, they fell by 4.2% to Tropical North QLD. However, with an increase in …read more
The Brotherhood of St Laurence has released a report looking at the issue of high youth unemployment rates across the country (report here) The report paints a dismal picture of high levels of youth unemployment across the nation, although they use a simple 12 month moving average of the original …read more
Today saw the release of the 2016 Socio-Economic Indexes for Areas (SEIFA), last seen in 2011. There are a number of indexes included in the release which tell us about relative socio-economic advantage and/or disadvantage of local areas down to the SA1 area, which are based on the 2016 Census data. …read more
The results from the Feb Labour Force Survey released today are somewhat weaker than expected, although employment continues to grow. The headline (seasonally adjusted) data shows an extra 17,500 people employed in Feb with a very healthy increase in full-time employment of 65,000. With the participation rate edging slightly higher …read more
After some disappointing quarters for international tourism, including from China, into the Far North (see here for details), and the detrimental impact of the charter flight fiasco in the 2017 Chinese New Year it’s certainly encouraging to see TTNQ releasing some positive data relating to this year’s New Year period. …read more
Working from the Dept of Employment quarterly (unsmoothed original) Small Area Labour Market data we have recently added to our QLD Local Government Area Trend series by expanding to cover all the LGAs in NSW. For the quarter to Dec 2017 the highest level of Trend unemployment in NSW was …read more
Today’s release of the International Visitor Survey for the year to Dec 2017 from Tourism Research Australia (available here) is once again bad news for TNQ. Despite visitor numbers to Australia increasing by 6.5% for the year to Dec, and those to Queensland up a less impressive 4.3%, the number …read more