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We’ve been away for a couple of weeks and, while enjoying the delights of the Canberra Centenary Trail (and Canberra in general), quite a bit of data has landed. So, without wishing to rake over old coals and repeat commentary that you’ve no doubt already seen, I thought it worth …read more
The Dept of Social Services data for Newstart and Youth Allowance recipients in August, released this morning, has allowed us to update our Conus/CBC Staff Selection Jobseeker Trend series for the SA4 regions of Cairns and Townsville. What we see is a continued decline in Trend jobseeker numbers in both …read more
The quarterly ABS quartely detailed Labour Force data provides us with information on employment across both Public and Private sectors in the various industry classifications. Unfortunately this is only provided for the past 5 years, and only in the form of original, unadjusted, data. We have used this data, together …read more
The release of Building Approvals data for August is yet another disappointing set of numbers. Trend approvals fell 3.9% m/m and are now down 25.6% y/y. House approvals are down 15.8% y/y while units are off 38.8% y/y. For the past few months the data has suggested (see here) that …read more
The Queensland Government’s Fiscal Principle No 6 links Public Sector full-time-equivalent (FTE) growth to the growth of the populations. However, as regular readers will be aware, the government has consistently failed to get anywhere near that measure during its tenure. However, in September last year the Coaldrake Review (see here) …read more
The release of the June quarter Public Sector work force data shows that the Government’s fiscal principle of keeping full-time equivalent Public Sector employment growth to that of population growth has not been met. However, we need also to note that the Coaldrake Review recommneded, and the Govt accepted, that this target …read more
Today saw the release of the August ABS regional labour force data which allows us to update our own Conus/CBC Staff Selection Trend series. With the labour data weakening at both national and state level it will come as little surprise that we see a similar picture emerging in the …read more
The August labour force data from the ABS this morning paints a mixed picture; but it’s one that it unlikely to get the RBA changing its mind anytime soon. Employment grew by 34,700 (seasonally adjusted) which was rather more than the market expectations of 15,200. However, compensating for that to …read more
Across the major states of Victoria, NSW and Queensland there is an interesting (and worrying) story centred on youth employment. Only in Victoria do we see Trend* employment growth in the youth cohort (15 to 24 year old) outstripping that of the state as a whole. While Victoria saw Trend …read more
Short term arrivals data for July shows a 3.3% y/y increase (Trend) to a new record high just shy of 800,000. This despite the fact that arrivals from China (still the largest single market) have slowed dramatically and are up just 1.0% y/y. Even this modest rise takes Chinese arrivals …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series