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
The release by the ABS of the original regional building approvals data for June allows us to update our own Conus Trend series for all the QLD SA4 regions as well as the LGAs in our area. Doing so provides little joy, although it does support the contention from the …read more
The release of the June Conus/CBC Staff Selection Regional Employment Trend data shows employment growth in Greater Brisbane is running at 1.9% for the year while the Rest of QLD lags behind at just 1.3%. Over the year Greater Brisbane has added 23,900 to Trend employment while the Regions have …read more
The release of the March 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
The Dept of Social Services Jobseekers data for April and May has been released which allows us to estimate our Conus/CBC Staff Selection Trend series from the original, unadjusted data. What it shows us is further falls in the number of people claiming either Newstart or Youth Allowance in the North. Our Conus/CBC …read more
The release by th ABS of their original labour force data for May 2019 allows us to update our own Conus/CBC Staff Selection Regional Employment Trend, and it shows us Trend employment growth in Cairns continuing to power ahead with the State’s fastest employment grwoth for the year (+20.0%). For …read more