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). …read more
This morning’s release of the regional labour market data, as always, needs to be seen through the lens of the Conus Trend; and what it shows is something of a turn-around in the dramatic recovery that we’ve been witnessing in the North. This is perhaps not very surprising, although the …read more
As we run towards the last few days of the Queensland state election we’re hearing lots about employment from both the Government (who are talking up solid jobs growth) and the Opposition (who are highlighting weak full-time jobs). There is also a certain amount of talk from the commentariat about …read more
The Labour Force data for October released this morning by the ABS showed employment up 3,700 (s.a) or 20,000 (Trend) for the nation with the headline, seasonally adjusted unemployment rate dipping to 5.4% (the Trend remained stable at 5.5%). Participation fell slightly to 65.1 (from 65.2) and this will have …read more
After yesterday’s ABS regional jobs data (see here) showed continued improvement in the labour force measures in the Cairns and Townsville SA4 areas, today we get the Dept of Employment’s, much awaited, quarterly Small Area Labour Market (SALM) data for the second quarter which allows us to consider data at …read more
The ABS released their original, unadjusted regional labour force data for Sept this morning. We need to consider the Conus Trend series to make much sense of this highly volatile data series. When we consider the split between the Greater Brisbane and Rest of Queensland areas we see that the …read more
Yesterday saw the release of the second tranche of Census 2016 data part of which included information relating to employment. However, we would suggest that we need to be careful when reading too much into the Census data as it relates to employment. Employment is one of the few indicators …read more
The ABS data for the labour market in September shows another strong result with employment up 19,800 (expectations had centred around +15K) and the unemployment rate (seasonally adjusted) falling to 5.5%. Employment growth in August was revised sharply stronger to an increase of 53,000 (originally) 27,100. So, although stronger than …read more
We all know that the Retail sector is facing a huge disruption in the form of online shopping. It’s been so for a while now and, with the emergence of Amazon in Australia soon, is only likely to become more pronounced. Digging into the quarterly industry jobs (and in particular …read more
The ABS data for Labour Force in August has shown a very strong growth in employment (up 54,200, seasonally adjusted) smashing market expectations of a 17,500 rise. Back months were also revised higher. Employment is now up 325,600 in the past 12 months. Full-time employment reversed a decline in July …read more