Diversity in regional economies in QLD and NSW

Last week at the launch of the Invest Cairns initiative from The Cairns Post and Advance Cairns the issue of economic diversity, and in particular the diversity of the Cairns economy, was a major topic of conversation. My presentation at the launch presented some clear evidence that the Cairns economy …read more

Weak labour force data in Oct is no joy for QLD

The October labour force survey data from the ABS showed employment fell 19,000 (seasonally adjusted) which left the unemployment rate at 5.3% afetr particiaption fell slightly. This is only the second monthly drop in employment since October 2016. Casting our eye to the rather less exciting (but in our opinion …read more

ABS data shows State Public Sector employees in QLD grew slower than national average in 2018/19

Data released today by the ABS for Public Sector employment shows that State government employed workers in QLD grew at a rate below that seen nationally in the year to 2018/19, although growth over the past 5 years is running well ahead of the national average. 2018/19 Commonwealth State Local …read more

Trend Jobseeker data suggests Cairns labour market remains robust

The latest data from the Dept of Social Services of the number claiming Youth and Newstart Allowances in the Cairns region (when seen through the lens of the Conus/CBC Staff Selection Jobseeker Trend) suggests that the labour market in the region remains robust. This despite a slight up-tick in the …read more

Is there a ‘jobs boom’ in regional QLD as the Govt claim?

A press release yesterday from the QLD Govt, and associated social media posts like this from Jackie Trad, are suggesting that there is a jobs boom underway in regional QLD. While we steer away from making political comment on this forum we will make comment about data, and whether it …read more

Employment continues to lift in Cairns but surging participation sees unemployment rate up

The release by the ABS of the Sept original regional labour force data today allows us to update our Conus/CBC Staff Selection Trend for the QLD regions. With the state-wide Trend unemployment rate lifting to 6.6% (see commentary earlier) it is no surprise to see the Trends at a regional …read more

Major post holiday chart-dump. Employment, Tourism and Regional Building Approvals

We’ve been away for a couple of weeks and, while enjoying the delights of the Canberra Centenary Trail (and Canberra in general), quite a bit of data has landed. So, without wishing to rake over old coals and repeat commentary that you’ve no doubt already seen, I thought it worth …read more

Despite softer labour market, Jobseeker numbers continue to decline

The Dept of Social Services data for Newstart and Youth Allowance recipients in August, released this morning, has allowed us to update our Conus/CBC Staff Selection Jobseeker Trend series for the SA4 regions of Cairns and Townsville. What we see is a continued decline in Trend jobseeker numbers in both …read more

Public Sector jobs growth growing in importance

The quarterly ABS quartely detailed Labour Force data provides us with information on employment across both Public and Private sectors in the various industry classifications. Unfortunately this is only provided for the past 5 years, and only in the form of original, unadjusted, data. We have used this data, together …read more

Public Sector employment growth slows again

The release of the June quarter Public Sector work force data shows that the Government’s fiscal principle of keeping full-time equivalent Public Sector employment growth to that of population growth has not been met. However, we need also to note that the Coaldrake Review recommneded, and the Govt accepted, that this target …read more

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