Regional labour market data shows Cairns sliding badly

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

Cassowary Coast stars in the regional building approvals race

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

Dept of Employment SALM data shows FNQ unemployment rates up in second quarter

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

Regional jobs data shows Trend unemployment rate improves in Cairns

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

Domestic visitor delight for TNQ in the NVS numbers

Yesterday saw the release of Tourism Research Australia’s National Visitor Survey for the June quarter; and the numbers make good reading for those of us in the Far North. Total overnight domestic trips in Australia were up 5.2% to 83.2m while QLD saw growth of 5.6% to 19.1m. However, in …read more

Regional Building Approvals dip in Cairns but strong in Cassowary Coast

After last week’s release of slightly better than expected building approvals data at the state and national levels (see here) today saw the release of the regional data. As always the ABS regional data is presented in its original form without any seasonal adjustment so we need to consider the Conus …read more

Cairns unemployment rate up; but the headline hides a slightly stronger story

The ABS this morning released the regional labour force data. As always when considering this unadjusted series, we need to look at the underlying Conus Trend if we are to make any sense of the numbers. What we see here is a Conus Trend Unemployment Rate in Cairns that has …read more

Regional Building Approvals a mixed bag

The regional residential building approvals data for the Far North in June were a bit of a mixed bag. Data released by the ABS this morning shows a total of 59 approvals in Cairns (incl Douglas) after 68 in May; 121 in Townsville after 93 in May; and 13 in …read more

Cairns Trend unemployment remains stuck at 8%

Regional labour market data for June released by the ABS this morning shows the position in Cairns stuck around a Trend unemployment rate of 8% and falling to 3rd worst place, from 4th last month; this month just Wide Bay (10.2%) and Logan-Beaudesert (9.0%) have higher rates of Trend unemployment. …read more

Building Approvals show some improvement in FNQ

After last months’ disappointing building approvals data, today’s numbers for May indicate a slightly stronger picture in the Far North. The headline, unadjusted data from the ABS is always too volatile to discern direction from, but the Conus Trend paints a picture. The unadjusted data showed 98 approvals in Townsville, …read more

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