Cairns and Townsville Trend employment report

For the fifth consecutive month Trend employment in Cairns lifted again in August (+600), although we remain 2.1% down from a year ago. The growth was split between full-time and part-time employment, although full-time employment is still down for the year. Once again most of the full-time gains came from …read more

Public Sector employment picks up in Queensland

Data for the May 2023 quarter shows that while Public Sector employment across the nation has remained relatively static over recent quarters, here in Queensland there has been a distinct move up. Since August 2014 Public Sector employment across Australia has grown by 37.8%, far outstripping the Private Sector which …read more

Trend unemployment rate in Cairns drops to just 3.0%

A move lower in participation over recent months, combined with some healthy employment growth, has seen the Trend unemployment rate in Cairns move lower and hit a record low of just 3.0%. Even with this move down in participation, the labour market still looks very strong. Growth in Female participation …read more

Cairns adds to Trend employment again. Unemployment rate at just 4.8%

The July ABS Labour Force data released this morning allows us to update the Conus/CBC Staff Selection Regional Employment Trend data for all of Queensland’s regions. Despite the (seasonally adjusted) employment data at the State level showing a decline in employment of 6,200 for the month, Cairns managed to record …read more

Cairns Trend employment up but unemployment rate also lifts as participation soars

The Conus/CBC Staff Selection Trend data for June shows employment in Cairns lifted to another new record high with an additional 500 people in work since last month. The annual increase is now 10,800, or 8.3%. However, despite the lift in the number employed a jump in participation to another …read more

Queensland Public Service employment details March 2022

The biannual report on the status of the Queensland Public Service workforce for March 2022 shows that Public Service headcount grew by 1.9% y/y and now represents 10.5% (its lowest level since March 2016) of the total number employed in the State. Over the course of the year total employment …read more

Another strong labour market report

The Australian labour market strengthened again in May. Employment lifted by 60,600 (with an increase in full-time positions of 69,400) and the unemployment rate remained steady at 3.9%. The fact that hours worked per capital rose by 0.8% m/m and now sits at a 11-year high of 88 hrs/capita indicates …read more

Change to Conus Trend and Seasonal Adjustment series

Up to now Conus has used X-12-ARIMA for the seasonal adjustment and trend estimation of a variety of regional data sets, including the Conus/CBC Staff Selection Regional Employment data. X-12-ARIMA was the successor to the X-11 method implemented by the US Census Bureau and is used by many statistical agencies …read more

Almost 300 new businesses in Cairns in the past year

Latest data from the ABS for the 2020/21 financial year shows the total number of businesses in the Cairns Regional Council area grew by 289 over the past year. If we compare to the most recent pre-COVID data (i.e. 2018/19) we see 229 more businesses. Between 2019 and 2021 the …read more

Unemployment hits new lows

The unemployment rate in April has hit its lowest level since mid-1974 at just 3.9% (March was revised down from 4.0% to 3.9%) as another 4,000 were added to those employed. However, of real note was a huge jump in full-time positions (up 92,400) which saw total hours worked up …read more

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