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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 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
Today’s release of the June 2019 Labour Account data series provides a wealth of information. One thing it allows us to do is take a look at incomes across various industry sectors and how they have changed in the past 12 months. The table below shows, for selected industries, the year-on-year changes …read more
There’s been plenty written about the fact that the Participation Rate across Australia is at, or near, record highs and the effect this has had on suppressing unemployment rate declines, even as employment growth remains quite strong (see here for an example from the ABC a few weeks ago). The …read more
Last week we noted that the ABS Building Approvals data for July was further evidence of a (very slight) turn-around in the downward Trend in Queensland (see here for details). We noted then that Trend building approvals across the State were up for the 5th month. Today’s release by the …read more
Yesterdays Building Approvals numbers for July were another weak set of data across the nation. Seasonally adjusted approvals fell 9.7% m/m and are now down 28.5% y/y in Australia. The far less volatile (and much prefered) Trend series showed a decline of 3.2% m/m and a drop of 24.0% for …read more
The Dept of Social Services data for Newstart and Youth Allownace recipients in July, released yesterday, 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 regions. …read more
The release of the original ABS Regional Labour Force data for July allows us to update our Conus/CBC Staff Selection Regional Employment Trend series for the Queensland SA4 regions. While the Trend unemployment rate across QLD increased in July to 6.4% (see here for commentary) our Trend analysis estimates the …read more
We have finally got the delayed June Jobseeker data from the Dept of Social Services. The original, unseasonaly adjusted, data allows us to update our Conus/CBC Staff Selection Trend data series which shows us that Trend jobseekers in Cairns are continuing to decline at a faster pace than the State …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series