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Today saw the release of the ABS regional labour force data for August. Our own Conus Trend series attempts to make some sense of the original, unadjusted data. In Cairns SA4 the original data showed a decline in the unemployment rate to 8.1% with 100 total jobs lost. We now have …read more
Today’s jobs data for August from the ABS has come in well below market expectations, but a decline in the Participation Rate has seen the headline unemployment rate fall anyway. The markets had been expecting employment to grow by about 15,000; instead it’s fallen by 3,900. However, before we get …read more
Today saw the ABS releases their original July labour force data for the regions. Our own Conus Trend analysis allows us to make some sense of this highly volatile data-set. The headline Conus Trend unemployment rates in both Cairns and Townsville SA4 areas sees some improvement over the month, although …read more
The Conus Trend unemployment rates for both Cairns and Townsville have fallen slightly in July. Cairns now sits at 9.6% (down from 9.8%) while Townsville is at 11.0% (down from 12.6%). Further analysis, charts and the full Conus Trend data series will be up later this afternoon.
The ABS Labour Force data for July shows the headline unemployment rate dropping to 5.7% (expectations had been stable at 5.8%) with the addition of 26,200 new jobs (expected +10K). However, all of the strength has come from the part-time sector which added a thumping 71,600 while the full-time data …read more
Wages growth for the year to the June quarter was released this morning. It shows wages grew across the nation at 2.1% with the private sector doing somewhat worse (+1.9%) and the public sector better (+2.4%). The net result was weaker in QLD (just +2.0%) but the divergence between private …read more
Each quarter the ABS releases a regional breakdown of employment by industry type (according to ANZSIC classification). The latest release relates to data to the May 2016 quarter. Figures are supplied as an average of the previous 4 quarters. We have spent some time looking at the data for the Cairns …read more
We should all be aware by now that the labour market picture in QLD is not a happy one; according to the latest ABS data for June the State’s unemployment rate stood at 6.5% (both s.a. and Trend) against that in the nation of 5.8% (s.a) or 5.7% (Trend). The …read more
A more detailed analysis of the Conus Trend Queensland Regional Jobs data released yesterday (see here for comments and to download the data) shows us clearly how the Rest of Queensland (RoQ) is falling behind Greater Brisbane in almost all measures over the past 12 months. Greater Brisbane has added …read more
Today saw the release of the ABS Regional Labour Force data and we have now completed work on the full set of Conus Trend estimates. What we find is an improving story in Cairns driven by a pick up in full-time work and employment in the middle aged (25-44 years) …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series