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The ABS weekly payrolls data (sourced from the ATO Single Touch Payroll system) updated its latest series yesterday and today. What we see is a clear national improvement being driven largely by the recovery in Victoria as the state continues to come out of lock-down. Victoria registered a 1.4% improvement …read more
Tthe ABS have just released the Sept 2020 quarter Labour Account data series which 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 data provides us, …read more
At the end of Sept the JobKeeper stimulus, which had been in place since April, converted to a more stringent set of qualification requirements (as well as decreases to the amounts paid) for the period to the end of Dec at which time there will be another (and probably final) …read more
The original ABS regional labour force data for October out today allows us to update our Conus/CBC Staff Selection Trend series and what this makes clear is that the recovery in employment seen in Queensland (see here for more details of last week’s State and National data) is being driven …read more
We have been highlighting for some time the fact that the Queensland labour market has benefitted from the positive health outcomes in the State (see here for the most recent October data). This analysis has not been universally agreed with and some commentators have pointed at alternative data sets, such …read more
The October Labour Force survey data beat most expectations on the upside with an additional 178,800 employed for the month. This takes the annual rate of jobs loss to just 1.0%. With a strong pick-up in participation (from 64.9 to 65.8) we also see the headline unemployment rate lift to …read more
The ABS regional labour force data released last week (when seen through the lens of the Conus Trend) allows us to see the significant impact that the Victoria, and particularly the Melbourne, lock-down have had on the youth cohort. Since March total employment in Victoria has fallen 218,800 (or 6.4%). …read more
Last week we noted that increases in participation across Queensland saw the headline unemployment rate lift despite some solid employment growth (see here for details). Today’s regional data, when seen through the lens of the Conus/CBC Staff Selection Trend data, allows us to see how that played out across the …read more
Once again in Sept the ABS Labour Force data provides a complex and rather confusing picture. Across the nation employment fell slightly (down 29,500) which was somewhat better than had been expected. Despite a very small decline in the participation rate this saw the headline unemployment rate nudge back up …read more
The weekly payrolls data from the ABS up to 19th Sept shows that it’s small businesses (fewer than 20 employees) which are suffering the highest job losses; a situation only likely to have been further exacerbated as the JobKeeper stimulus began to wind-back from the end of Sept. While total …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series