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Data from the National Skills Commission released today shows online job vacancies in the Far North surged in October to a new nine-year high. The three-month average was up 2% from the previous month and is now up 31% from a year ago. Across Queensland vacancies were also stronger, although …read more
There had been expectation that, after a sharp fall in employment in Sept, that there might have been an uptick in October as the lockdowns in NSW and Victoria started to relax. In reality employment fell again (by 46,300) and the unemployment rate climbed to 5.2% (from 4.6%) as people …read more
Given the declines we saw in residential building approvals at both the national and State level last week (see here for details) it should come as no surprise to see a similar pattern emerge in the North. However, what today’s release by the ABS of more granular original regional data …read more
Tourism Research Australia have just released their monthly snapshot domestic tourism data for August (see here) which clearly shows the effect of the lockdowns in NSW, Victoria and the ACT. Across the nation domestic tourism expenditure fell by 12.4% from a year earlier with a decline of almost 80% in …read more
The boom in residential building approvals that we saw from mid-last year until the first quarter this year has well and truly come to a halt. September saw approvals down 4.3% m/m, although they remain up 12.8% from a year ago. What strength there is comes from unit approvals (up …read more
The headline CPI figure for the third quarter came in broadly in line with market expectations. The quarter-on-quarter increase was unchanged at +0.8% (actually unchanged at +0.76%) but the year/year increase fell back to +3.0% (from +3.8% in the June quarter) as base effects unwound. However, what is far more …read more
Today’s regional labour force data, when seen through the lens of the Conus/CBC Staff Selection series, provides us with a picture of how well females in Cairns have done over the past 12 months compared to their male colleagues. Employment While Trend employment is up in Cairns by 3,500 that …read more
September Labour Force data, released by the ABS this morning, allows us to update the Conus/CBC Staff Selection Trend series for the regions of Queensland. We see that while the seasonally adjusted unemployment rate across QLD is 4.9% (see details from last week) in Greater Brisbane it is 5.5% (Trend …read more
Data this morning from the National Skills Commission shows that, despite the tourism lock-out, the level of online job vacancies in the Far North has once again hit a new 9-year high in Sept. While Queensland numbers have declined somewhat since the record high seen in May (and moved higher …read more
Data released this morning by the Dept of Social Services shows JobSeeker numbers across the nation fell slightly in Sept although our own Conus/CBC Staff Selection Trend series suggests a slight increase which brings the y/y decline to 33.2% (from 33.3% last month). In Queensland, again the original data shows …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series