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The ABS original data for regional labour force was released this morning (along with some adjustments caused by the labour force re-benchmarking released earlier this month) and, as always, we need to consider this highly volatile data set in light of the Conus Trend to make much sense of it. …read more
The release by the Dept of Employment of their Small Area Labour Market (SALM) data for the third quarter to Sept 2016 confirms the weaker story that we’ve been seeing in Townsville. The SALM data is based on a range of indicators including ABS Labour Force data for the SA4 areas, …read more
ABS released their monthly unadjusted regional building approvals data for October this morning and we have updated our own Conus Trend series. Given the declines at a state level it is little surprise to see Trend approvals in our region also falling. At the SA4 level we see Cairns Trend …read more
Our own Conus Trend series for Cairns SA4, based on the original ABS regional data, showed a reduction in Trend unemployment in October to 7.3%. The Dept of Social Security payment recipients data released on Weds appears somewhat less positive. Although recipient numbers fell the Conus Trend series showed a …read more
The release today by the ABS of their original, unadjusted regional labour force data allows us to update our own Conus Trend series. What we see is (again) confirmation of the improving story in Cairns but, unfortunately, a reversal of the brighter picture for Townsville that we noted (and questioned!) …read more
Kier Shorey from ABC Far North spoke to Pete this morning about yesterday’s labour force data for Queensland (you can read yesterday’s commentary below). Later in the morning Kier also spoke to QLD Treasurer Curtis Pitt and I was struck by Pitt’s contention that the Participation Rate “goes up and …read more
ABS data this morning for residential Building Approvals in the Far North paint another disappointing picture after a weak month previously (see here). The original data for September shows that an apparent slight recovery in Townsville in August was merely a blip, and the ongoing weaker numbers elsewhere continue. As …read more
Pete was on Radio 4CA this morning talking to John MacKenzie about the latest release of the Conus Trend Regional Jobs data. Listen below…
Three weeks ago I wrote about some initial analysis of Dept of Social Service allowance payment data. Since then I have been in touch with the Dept to obtain some older data and they have also released their latest numbers for September; so here’s a more complete and up-to-date look …read more
The ABS release of original regional labour force data for September, as always, needs to be considered in light of the Conus Trend to make much sense of what can be very volatile data. In Cairns we see the Conus Trend unemployment rate fall to 8.4% (after an unrevised 8.7% …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series