The ABS Labour Force survey data for Nov released this morning provides another strong result. Employment increased 37,000 (seasonally adjusted) although the October increase was revised a touch lower. The market had been forecasting growth about 20,000. However, on the back of a tick-up in the Participation Rate, the headline …read more
Today’s release of the Sept 2018 Labour Account data series (see here for more details) allows us to 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 in the average hourly income …read more
Today the ABS released their experimental data series Labour Account Australia for the Sept 2018 quarter. In the ABS’s own words..”The Australian Labour Account consists of eleven sets of tables focusing on four central quadrants of Jobs, Persons, Labour Volume and Labour Payments. Data in each table are available annually, and …read more
The original ABS regional labour force data for Oct released this morning allows us to update our own Conus/CBC Staff Selection Trend data. Doing so makes it clear that, while the State as a whole is doing poorly (see here for commentary from last week), the regions are outscoring Greater …read more
Yesterday we saw the release of the ABS Labour Force data which confirmed the seasonally adjusted unemployment rate at 5%, while the Trend rate dropped to 5.1% (see here for details). Trend employment growth, despite having slowed recently, remains robust at 2.3% for the year. The country has added about …read more
Today’s labour force data for Oct has surprised the markets with another strong increase in employment (+32,800 seasonally adjusted) after the apparently strange Sept numbers (see here for the details). Expectations had centred around an increase in employment of around 20,000 with the unemployment rate rising slightly to 5.1%. In fact …read more
The ABS release of their original regional labour force September data allows us to update our own Conus/CBC Staff Selection Regional Employment Trends for Queensland; and they show us a positive picture for Cairns. The national and state-wide data released last week (see commentary here) saw the headline unemployment rates …read more
Today’s labour force data for Sept has surprised the markets with just a 5,600 increase in employment (seasonally adjusted) but a drop to an unemployment rate of 5.0%, which is the lowest since April 2012. Expectations had centred around an increase in employment of around 15,000 with the unemployment rate …read more
There’s been plenty of interest in our previous posts on Public Sector employment data (see here and here) and Pete spoke to Steve Austin on ABC Brisbane this afternoon with Alex Scott from the Together Union. It was an interesting discussion around the Govt’s fiscal principle related to the growth …read more
Yesterday we took a look at the latest QLD Public Sector work force data for the June 2018 quarter (see here) where we noted that Public Sector full-time equivalent employment numbers continue to grow much faster than population. Since March 2015 FTE numbers in the Public Sector are up 11.9%. …read more