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Today saw the release of the August ABS regional labour force data which allows us to update our own Conus/CBC Staff Selection Trend series. With the labour data weakening at both national and state level it will come as little surprise that we see a similar picture emerging in the …read more
The August labour force data from the ABS this morning paints a mixed picture; but it’s one that it unlikely to get the RBA changing its mind anytime soon. Employment grew by 34,700 (seasonally adjusted) which was rather more than the market expectations of 15,200. However, compensating for that to …read more
Across the major states of Victoria, NSW and Queensland there is an interesting (and worrying) story centred on youth employment. Only in Victoria do we see Trend* employment growth in the youth cohort (15 to 24 year old) outstripping that of the state as a whole. While Victoria saw Trend …read more
Today’s release of the June 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 quite strong (see here for an example from the ABC a few weeks ago). The …read more
The release of the original ABS Regional Labour Force data for July allows us to update our Conus/CBC Staff Selection Regional Employment Trend series for the Queensland SA4 regions. While the Trend unemployment rate across QLD increased in July to 6.4% (see here for commentary) our Trend analysis estimates the …read more
The ABS release of labour force data for July showed Australia added 41,100 (seasonally adjusted) to total employment with 34,500 in full-time positions. With the participation rate lifting to its highest ever level (66.1) the headline unemployment rate remianed stuck at 5.2%. The Trend series showed 24,600 added to employment …read more
Some months ago we considered the impacts of changes in age and sex demographics within the labour force and the impact this was having on Participation Rates across Queensland. You can read the original post here which outlines the methodology used to split out the Propensity and Demographic Impacts within …read more
The release of the June Conus/CBC Staff Selection Regional Employment Trend data shows employment growth in Greater Brisbane is running at 1.9% for the year while the Rest of QLD lags behind at just 1.3%. Over the year Greater Brisbane has added 23,900 to Trend employment while the Regions have …read more
The release of the March 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
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series