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Today’s ABS data on the February labour force provides some much-needed good news for the economy and suggests that, at least until the impacts of the COVID-19 outbreak hit home, the labour market was doing quite well. Trend employment lifted 21,100 (seasonally adjusted was up 26,700) after some minor downward …read more
The release by the ABS of their original regional labour force data allows us to update the Conus/CBC Staff Selection Regional Employment Trend series for Queensland. While these January figures will have been collated prior to the full impact of the COVID-19 being felt they do at least provide some …read more
The release of the January Labour Force data from the ABS this morning paints a rather weak picture across the nation, although not so much that the RBA will be surprised. Employment (seasonally adjusted) lifted slightly more than expected (+13,500) with only a very small downward revision to the Dec …read more
The release by the Dept of Employment of their Small Area Labour Market (SALM) data for the September 2019 quarter, when seen through the lens of the Conus Trend SALM series, gives us our only genuine look at the detail of the labour market at the finer grain level of …read more
The release by the ABS of their Dec original regional labour force data allows us to update the Conus/CBC Staff Selection Regional Employment Trend data for Queensland. It shows us the Rest of QLD struggling to keep pace with Greater Brisbane; Trend employment growth in the Greater Brisbane area now …read more
Today’s ABS Labour Force data for Dec was an almost universally positive set of numbers. Looking at the Trend series we saw the unemployment rate across Australia dip to 5.14% (its lowest rate since April) as 17,500 were added to the number employed (8,900 of them in full-time positions). While …read more
The Dept of Social Services original Jobseekers data for November, released today, allows us to update our Conus/CBC Staff Selection Trend Jobseeker series for Cairns and Townsville. It shows that, while the number unemployed has lifted in recent months, the Trend number of people claiming Youth and Newstart Allowances has …read more
The November labour force data from the ABS will have provided just a touch of Xmas cheer in Canberra, Brisbane and Martin Place. The headline, seasonally adjusted unemployment rate dipped to 5.2% (from 5.3%) while employment lifted 39,900 (much better than the anticipated +15,000), although we should note that Oct’s …read more
Today’s release of the Sept 2019 Labour Account data series provides a wealth of information. One thing it allows us to do is take a look at incomes across various industry sectors and how they have changed in the past 12 months. The table below shows, for selected industries, the year-on-year changes …read more
There’s been plenty written about the fact that the Participation Rate across Australia is at, or near, record highs and the effect this has had on suppressing unemployment rate declines, even as employment growth remains reasonable. Participation rates are so high largely due to significant shifts in the participation of the …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series