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Pete spoke to John MacKenzie on radio 4CA this morning about a couple of articles in The Cairns Post regarding employment in the region as well as preparing your business for the coming storm season. You can listen to the interview below.
The weak growth in international visitors to TNQ (see below) has seen declines in most of our major markets. Japan fell by 1.1% in the year to Sept 2017, China was down 0.5%, the US dropped a thumping 4.8% (after some impressive improvements in previous quarters) while the UK managed …read more
The Sept 2017 International Visitor Survey from Tourism Research Australia (available for download here) makes for unhappy reading for the Queensland and the TNQ region in particular. While total international visitors to Australia rose by 7.3% for the year to Sept 2017, the increase was just 3.0% for Queensland and …read more
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). …read more
The GDP data for the 3rd quarter of 2017 has come in slightly below market expectations at +0.6% q/q (after Q2 was revised slightly higher to +0.9% from +0.8%) for a 2.8% y/y and 2.2% annual growth. The weaker data was due to a poor showing from household consumption (the …read more
The ABS data for building approvals in October were good news at a national level with (seasonally adjusted) approvals up 0.9% m/m for a 18.4% increase year-on-year. The less volatile (and preferred, given how volatile unit approvals can make this data set!) measure showed a 0.7% m/m increase and a …read more
This morning’s release of the regional labour market data, as always, needs to be seen through the lens of the Conus Trend; and what it shows is something of a turn-around in the dramatic recovery that we’ve been witnessing in the North. This is perhaps not very surprising, although the …read more
As we run towards the last few days of the Queensland state election we’re hearing lots about employment from both the Government (who are talking up solid jobs growth) and the Opposition (who are highlighting weak full-time jobs). There is also a certain amount of talk from the commentariat about …read more
Pete spoke to John McCarthy on radio 4CA this morning about yesterday’s release of the labour force data which showed QLD’s unemployment rate (s.a) lifted to 6%. You can hear what he said below, or read yesterday’s blog here.
The Labour Force data for October released this morning by the ABS showed employment up 3,700 (s.a) or 20,000 (Trend) for the nation with the headline, seasonally adjusted unemployment rate dipping to 5.4% (the Trend remained stable at 5.5%). Participation fell slightly to 65.1 (from 65.2) and this will have …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series