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The Courier Mail have launched this year’s GO QLD campaign with a piece on the regions which includes extensive use of the Conus Trend Regional Jobs data. You can read the story here. Gene Tunny at Adept Economics has posted today on the GO QLD campaign and is also quoted …read more
The ABS regional quarterly data for industry jobs shows Healthcare as the big winner in the Cairns region over the past decade. Since Nov 2006 the sector has added 4,900 jobs (3,000 of which have been full time) and now is the largest employing sector in the region with a …read more
The Dec 2016 ABS original data for regional labour markets was released this morning and, upon analysis of the Conus Trend series, we see further confirmation of the stronger picture in the Cairns SA4 region. Even the Townsville region, whilst still very weak, sees some slight improvements. In Cairns the …read more
Today’s release of labour force data for December 2016 show the headline (seasonally adjusted) unemployment rate for the nation edged higher to 5.8%; although the Trend series remained unchanged at 5.7%. The increase came despite another increase in the number employed by 13,500 reflected in an increase in the Participation …read more
A new year, and a time to reflect on where we stand in Queensland. And as far as the pollies are concerned (while Parliament is yet to return) the emphasis appears, as ever, to be on spinning the data to make whatever point they wish. In today’s Australian we see …read more
Our own Conus Trend series for Cairns SA4, based on the original ABS regional data, showed another reduction in Trend unemployment in November to 6.3%. The Dept of Social Security payment recipients data released just before Christmas appears somewhat less positive. Recipient numbers in the region nudged up slightly, although the Conus …read more
Last week we released our Conus Trend data for all the Queensland regions and our estimate of a Trend unemployment rate in Cairns of 6.3% raised a few eyebrows. However, the latest release by Rick Carr, at Herron Todd White, of his Cairns Watch report is even more bullish (download …read more
The ABS original data for regional labour force was released this morning (along with some adjustments caused by the labour force re-benchmarking released earlier this month) and, as always, we need to consider this highly volatile data set in light of the Conus Trend to make much sense of it. …read more
The ABS release of jobs data for November contains an apparent paradox. Jobs rose strongly (up 39,100 seasonally adjusted) and yet the unemployment rate also went up (to 5.7%). As keen readers of this blog will realise the answer lies in the fact that the Participation Rate also increased (to …read more
As we have been noting for some time, the Participation Rate (that proportion of the working aged population in the labour force, i.e. either employed or counted as unemployed) has been falling for some time. On the latest data for Oct the Trend figure fell to 63.8 which is its …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series