Today saw the release of the ABS Regional Labour Force data. As always, we focus on our own Conus Trend series to see through the highly volatile original, unadjusted ABS data; and what we see is more good news for the North. In Cairns Trend employment has lifted by another …read more
Today’s release by the ABS of labour force data for January paints a rather confusing picture depending on which set of numbers you wish to focus on. For a start jobs grew by more than expected (+13,500 against an expectation of +10,000) and, in addition, data for Jan was revised …read more
There’s been a lot of interest today on the back of the Courier Mail #GoQLD campaign and article on jobs in the regions. John MacKenzie spoke to Pete earlier today; you can listen to the interview below.
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