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
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
Pete spoke to John MacKenzie on radio 4CA this morning about last week’s regional jobs data (see details here) and the impact the improving labour market was having on the broader Cairns economy. You can listen to the segment below.
Pete spoke to Pat Hession on ABC North Queensland on Thursday afternoon about the Townsville employment data which was released that morning. You can listen to the interview below and read our commentary here.
Today we saw the release of the ABS regional jobs unadjusted data for July. As always, we have to consider the Conus Trend data to make much sense of this highly volatile data-set; and what that shows us is a continuing good-news story in the North. Trend employment in the …read more
The ABS release of Labour Force data for July shows the Trend unemployment rate in Queensland stable at 6.3% having added 8,300 employed for the month (+27,000 seasonally adjusted) after June was also revised slightly higher. This is now the 9th straight month of Trend increases and pushes total employment …read more
In a previous post (see here) we called on the ABS to take a look at providing better regional labour force data, if only at a Greater Brisbane and Rest of Queensland level. The following brief analysis of our own Conus Trend data shows what a difference such data can …read more
For years we have been bemoaning the lack of quality data provided by the ABS at a regional (SA4) level. In particular the labour market data has been a major gripe of ours. How can we expect State and Local Governments to be making sensible policy decisions when they are …read more