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The Google Mobility Index (which tracks Android phone users location data when opted-in) shows what much of the anecdotal evidence suggests; Cairns has been busy, especially since the start of the Easter holidays. While the national 7-day average sits 6.7% below its benchmark level from Jan 2020 and Queensland is …read more
Data for April shows those receiving JobSeeker and Youth Allowance (other) payments fell by 9.2% from March (or about 120,000 people) despite JobKeeper ending. However, there is a caveat; the eligibility for two groups of people (those with partners earning more than $2,079.50 a fortnight, and those permanent residents who …read more
The number of job vacancies being advertised online has jumped again in April, up 3.3% (seasonally adjusted) since March and now more than double where they sat a year ago, and at more than 12-year highs. In Queensland the seasonally adjusted data shows a slight decline in April (down 1.3%) …read more
Agriculture is a major driver of the regional economy in the Cairns region. In the 2019-20 Financial Year the sector grew or reared over $1.1 billion of produce. The vast bulk of that comes in the form of sugar cane and bananas, which together account for about 70% of the …read more
Data released today for the 2019-20 financial year shows the Cairns region saw a very strong increase from last year in the value of agricultural production on the back of a surge in bananas. Across the nation the value of agricultural production increased just 0.4%, to $60.7 bn, with the …read more
The latest Google Mobility data (to 9th May) suggests that Cairns, in particular, has performed very strongly after the slow-down caused by ANZAC Day, Easter and a very wet period of weather a couple of weeks ago. The 7-day average mobility indicator for Cairns now sits at just 0.2% (and …read more
March data today from the ABS allows us to update our Conus Trend series for regional building approvals in Queensland and, once again, it shows approvals in the regions booming. While approvals across the nation were up 47.4% y/y (s.a.) in Queensland the rate of growth was an even more …read more
The ABS original regional data for March released this morning allows us to update the Conus/CBC Staff Selection series. This shows employment growth at a slightly higher level in Greater Brisbane (+4.7% Trend and +2.8% s.a.) than in the Rest of QLD (+4.0% Trend and +2.1% s.a.) with 108,600 new …read more
Much has been written about movements in the Participation Rate (PR) and the impact this has on unemployment rates; if participation increases then any decline in the unemployment rate is harder to achieve with more people entering the labour force (and vice versa). The discussion is certainly a valid one, …read more
Dept of Social Services dats for March shows original number of JobSeeker recipients across Australia fell in March to 1.3 million (down 4.5% m/m and up 46.3% y/y). This is a 20.7% decline from the highs seen in May last year. In Queensland numbers also fell, here by 3.4% m/m …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series