The release of the regional labour force data from the ABS this morning contains some good Xmas cheer for the North and Far North. As always the original ABS data is unadjusted so we need to focus our attention on the Conus Trend numbers. In Cairns for November the Trend shows …read more
With the headlines talking about the imminent closure of the Yabulu Nickel Refinery and the loss of up to 800 jobs, today’s regional building approvals data from the ABS are another sorry story that Townsville could really do without. As we noted last month (see here), the unemployment situation in …read more
In response to comment by a reader, I have taken a look at the “older” cohort of workers in the Cairns region. The ABS provide regional data from the groups from 45 years and over, so this is what I have used to create the new Conus Cairns Older Trend. …read more
The release this morning by the ABS of their regional (unadjusted) labour force data for Oct doesn’t appear to change the picture much for the Far North, despite the improvements we saw at national and state level last week (see here for our commentary). As always the raw ABS data …read more
The release of the regional Building Approvals data for Sept is a bit of a mixed bag for the area. The unadjusted ABS data is, as always, too volatile to use as a clear guide. Rather we need to focus on the Conus Trend. In Cairns (incl Port Douglas) the …read more
Pete was interviewed by Kier Shorey on ABC Far North this morning regarding the Cairns and Townsville jobs data released yesterday. You can hear the interview below.
This morning’s ABS Sept labour market data for the Queensland regions is, as always very volatile, although this month seems even more so than usual. The headline, unadjusted data shows Cairns unemployment rate jumping to 9.2% with 3,600 jobs lost in the month. To our south the original data shows …read more
Today sees the release of the (unadjusted) regional building approvals data which shows the Cassowary Coast as the stand-out performer for the month of August. The ABS unadjusted original data is so wildly volatile that we really need to focus our attention on the Conus Trend series, and in doing …read more
After yesterday’s ABS regional jobs data (see here) showed some very modest improvement in the unemployment rate in the Cairns SA4 area (on the back of a fall in Participation rather than an improvement in jobs), today we get the Dept of Employment’s quarterly Small Area Labour Market (SALM) data …read more
The regional labour market data from the ABS released today shows the unadjusted, original unemployment rate in Cairns stood at 7.2% (down from 8.7%) in August. However, as always the raw unadjusted ABS data is far too volatile to take seriously on a month-by-month basis. Rather we should focus our …read more