Regional labour data shows Cairns slightly weaker, Townsville much better

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

Pete on ABC Far North this morning talking about the SALM jobs data for Cairns

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.

Small Area Labour Market data shows solid improvements in Far North; declines in Townsville

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

The Participation Puzzle. The regions being hit harder by an aging population

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

Unemployment rate jumps as part time jobs are lost

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 on ABC Far North talking about the latest international visitor data for TNQ

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.  

China helps TNQ beat the international visitor pack

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

Arrivals and Departures data powers ahead

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

Queensland State Accounts show good growth; but it’s slowing

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

Residential Building Approvals dive in the North

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

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