The ABS released their regional labour force data for February this morning. As always, the original, unadjusted ABS data needs some analysis if we are to see a clear picture. Our preferred analysis tool is the Conus Trend series. In light of the generally weak QLD data for Feb released …read more
After our post about the SALM data earlier this week (see here), we spoke to Kier Shorey on ABC Far North this morning about the numbers, particularly for Cairns. You can listen below.
Friday saw the release of the Small Area Labour Market (SALM) data from the Dept. of Employment; and it was good news for the Far North and bad for Townsville…again. The SALM data is based on a range of indicators including ABS Labour Force data for the SA4 areas, Youth and …read more
Over the past few years there has been much discussion about the impact that demographic changes (particularly an aging population) are having on the labour market. In particular, focus has been on the effects of varying participation rates within different age groups and the impact these are having on the …read more
The ABS data for February shows the headline (seasonally adjusted) unemployment rate jumped to 5.9% (from 5.7%) as the economy lost 6,400 jobs (market had been expecting +16,300). However, it’s not all bad news as the losses all came from part time jobs with full time positions actually increasing by …read more
Pete was talking to Kier Shorey on ABC Far North earlier this morning about the international visitor data released yesterday (see here for details). You can listen to the interview below.
The Tourism Research Australia International Visitor Survey for the quarter to Dec 2016 (available here) shows international visitor numbers continuing to improve; although visitors are staying for less time. Total visitors for the year hit a new record high of 7.625 million; an increase of 11.2% from the previous year. …read more
The ABS released their short term arrivals and departures data for January this morning and it confirms the ongoing strength for the tourism sector. Arrivals in Jan hit a new record high (seasonally adjusted) of 716,700 for the month which is an increase of 8.7% from the same time a …read more
Friday saw the (rather delayed) release of the September quarter Queensland State Accounts from Treasury, and they appear to have slipped under the radar somewhat. While the ABS produce Gross State Product (GSP) data only on an annual basis for the June quarter, the QLD Treasury produce quarterly estimates. We …read more
The decline in Trend residential building approvals in QLD reported last week (see here) means that a similar fall in the North was to be expected. However the declines in both Cairns and Townsville are still larger than we might have hoped for. The original, unadjusted data from the ABS …read more