There is little doubt that the labour market in Australia has been doing quite well in the past 12 months; how well tends to depend on your political leaning, but most people agree there’s been some strength. However, where we get into muddy waters is when pollies (and some commentators …read more
The Brotherhood of St Laurence has released a report looking at the issue of high youth unemployment rates across the country (report here) The report paints a dismal picture of high levels of youth unemployment across the nation, although they use a simple 12 month moving average of the original …read more
The results from the Feb Labour Force Survey released today are somewhat weaker than expected, although employment continues to grow. The headline (seasonally adjusted) data shows an extra 17,500 people employed in Feb with a very healthy increase in full-time employment of 65,000. With the participation rate edging slightly higher …read more
Working from the Dept of Employment quarterly (unsmoothed original) Small Area Labour Market data we have recently added to our QLD Local Government Area Trend series by expanding to cover all the LGAs in NSW. For the quarter to Dec 2017 the highest level of Trend unemployment in NSW was …read more
The Dept of Employment recently released the latest Small Area Labour Market (SALM) data at the Local Government Area level for the quarter to December. Using the unsmoothed (original) SALM data, which is tucked away in the explanatory notes section, we have created a Conus SALM Trend series of unemployment …read more
Regular readers will be well aware that there are various ways to look at the labour market; the standard “unemployment rate” being just one of them. Another, less well known measure, is provided by way of the Dept of Social Services data in their monthly payment recipients release (available here). When looking …read more
Today’s release by the ABS of regional jobs data is best seen through the lens of the Conus Trend series. What this shows us is Trend unemployment in Greater Brisbane at 5.8% while the Rest of Queensland sits at 6.1%, However, over the past year Greater Brisbane (with employment growth …read more
Regular readers will be well aware that there are various ways to look at the labour market; the standard “unemployment rate” being just one of them. Another, less well known measure, is provided by way of the Dept of Social Services data in their monthly payment recipients release (available here). When looking …read more
The release of the Jan Labour Force data was something of a curate’s egg; good news came in the shape of a further increase in employment (up 16,000 seasonally adjusted and up 23,000 Trend) while the bad news was a decline in full-time positions (down 49,800 seasonally adjusted) and upward …read more
In discussing today’s CommSec and Deloitte reports on the Queensland economy (see here for some coverage), Treasurer Jackie Trad is claimed to have said that 85% of Queensland’s new jobs have been created in the private sector. Does the claim stack up against the data? In determining the validity of …read more