The March Labour Force data released this morning by the ABS showed seasonally adjusted employment was up just 4,900 (expectations had centred around +20,000) with a large revision to Feb data seeing all of those month’s gains wiped out. Over the course of the year employment is up 367,00 which …read more
Yesterday saw the ABS release short term arrivals and departures data for the month of Feb. Following the release we read plenty of, frankly breathless, commentary about the strength of the Chinese visitor data…most usually when people referred to the highly volatile original, non-adjusted data. When looking at data for …read more
The release of the Public Sector employment data for the Dec 2017 quarter allows us to take a look at which regions have seen the greatest increases this year, and since the ALP came to power in 2015. What we see, when considering Full-time equivalents (FTE), is an increase of …read more
There’s plenty of coverage this morning in the papers about the delayed release of the QLD Quarterly Work Force Profile for the Dec 2017 quarter (available here) which provides data on the size of the QLD Public Sector employment. If we first consider the Headcount data…. When Campbell Newman’s LNP …read more
Last week we saw the ABS release of building approvals data for February demonstrate that (on a Trend basis) Queensland was still doing somewhat better than the nation with approvals growth of 6.9% y/y versus 5.5% for Australia as a whole. This week the regional data shows us that the Far …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). 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