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The June Labour Force data from the ABS today provides little joy. Trend employment lifted by 26,300 while the seasonally adjusted series showed just a 500 tick-up. The Trend unemployment rate was unchanged at 5.2% (but on ly because May was revised up from 5.1%). The glimmer of good news …read more
The Dept of Social Services Jobseekers data for April and May has been released which allows us to estimate our Conus/CBC Staff Selection Trend series from the original, unadjusted data. What it shows us is further falls in the number of people claiming either Newstart or Youth Allowance in the North. Our Conus/CBC …read more
The release by th ABS of their original labour force data for May 2019 allows us to update our own Conus/CBC Staff Selection Regional Employment Trend, and it shows us Trend employment growth in Cairns continuing to power ahead with the State’s fastest employment grwoth for the year (+20.0%). For …read more
The Dept of Employment today released their Small Area Labour Market data for the March quarter. The headline data is presented as a smoothed 4 quarters average at both Local Govt Area and SA2 level. However, hidden in the release is the original, unsmoothed, data and from that we create the Conus Trend …read more
The labour force data for May shows employment continuing to grow quite strongly but a move to a record high Particiaption Rate keeps the unemployment rate stubbornly unchanged. Employment lifted by 42,300 (seasonally adjusted) or 28,400 (Trend) in May; both after significant upwrad revisons to April’s numbers. However, with the …read more
Today’s release of the March 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
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 ABS original regional labour force data for April allows us to update our own Conus/CBC Staff Selection Trend series. With the Trend unemployment rate in Queensland dropping slightly in April to 5.9% (from 6.0%) we might have expected some modest imprivements in our regional data. The Trend unemployment rate …read more
Following the RBA’s acknowledgement earlier this month that they would be careful watching employment data in coming months before making a determination about any future rate cut, today’s release of April’s data will have done little to clarify matters one way or the other. On the downside the headline (seasonally …read more
The Dept of Social Services Jobseekers data for March has been released which allows us to estimate our Conus Trend series from the original, unadjusted data. What it shows us is further falls in the number of people claiming either Newstart or Youth Allowance in the North. Our Conus/CBC Staff …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series