The August labour force data for Australia came in stronger than expected with a very solid lift in the number employed of 44,000 (market expectations had centred around 18,000) which saw the headline unemployment rate unchanged at 5.3% as participation also lifted slightly (all seasonally adjusted data). The vast bulk …read more
With the ABS regional labour force data, and the Conus/CBC Staff Selection Trend of that data, showing the unemployment situation improving slightly in Cairns over the past couple of months it’s a little surprising that today’s Trend analysis of the July Jobseeker data from the Dept of Social Services shows …read more
Today’s Conus/CBC Staff Selection Regional Employment Trend data allow us to take a look at what is happening across Queensland with regard to the split between Greater Brisbane and the Rest of Queensland; and what it shows us is that the regions are currently doing rather better than the capital. …read more
The ABS release of their original labour force July data for the regions today allows us to update our own Conus/CBC Staff Selection Regional Employment Trend data. We see Trend employment in Cairns lifted 1,000 in July (after June’s increase was also revised up) with 900 of those positions in …read more
The July labour force data released today was a mixed bag at the national level. Although (seasonally adjusted) employment dipped by 3,900 we saw the unemployment rate also dip to 5.3%. The reason…a decline in the participation rate. The average hours worked per member of the working age population remained …read more
Last weeks Conus/CBC Staff Selection Employment Trend data (see here) for Cairns suggested the labour market had entered a period of stabilisation. Today’s release by the Dept of Social Services of their Jobseeker data appears to confirm that when seen through the lens of the Conus/CBC Staff Selection Jobseeker Trend …read more
Following on from an article in today’s Cairns Post Pete spoke to John MacKenzie on radio 4CA this morning about the latest Conus/CBC Staff Selection Employment Trend data and the recent Conus Industry Employment Trend. You can hear the segment below…
The ABS regional labour force data needs to be seen through the lens of the Conus/CBC Staff Selection Trend to make much sense of the highly volatile original data. Today’s release of the data for June shows the Trend unemployment rate in Cairns dipping to 6.5% (from a downwardly revised …read more
The release of the Public Sector employment data for the March 2018 quarter allows us to take a look at which regions have seen the greatest increases in the past 12 months, and since the ALP came to power in 2015. What we see, when considering Full-time equivalents (FTE), is an increase …read more
Yesterday’s release of the June Labour Force data painted an unexpectedly bright picture for the nation. Seasonally adjusted employment jumped by 50,900 with 41,200 of those full-time positions. Despite the rise in employment the unemployment rate stayed stuck at 5.4% (Trend 5.4%) on the back of an encouraging move higher …read more