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After yesterday’s ABS regional jobs data (see here) showed some very modest improvement in the unemployment rate in the Cairns SA4 area (on the back of a fall in Participation rather than an improvement in jobs), today we get the Dept of Employment’s quarterly Small Area Labour Market (SALM) data …read more
The regional labour market data from the ABS released today shows the unadjusted, original unemployment rate in Cairns stood at 7.2% (down from 8.7%) in August. However, as always the raw unadjusted ABS data is far too volatile to take seriously on a month-by-month basis. Rather we should focus our …read more
The labour force data for August (released this morning) showed an increase of 17,400 jobs seasonally adjusted, against expectations of about 6,000. In addition, the strong growth last month was revised higher by an additional 1,300. Full-time jobs led the way, up 11,500. With the Participation Rate falling slightly (to …read more
The ABS this morning released the regional labour force data. As always when considering this unadjusted series, we need to look at the underlying Conus Trend if we are to make any sense of the numbers. What we see here is a Conus Trend Unemployment Rate in Cairns that has …read more
The labour force data for July released by the ABS this morning shows the headline (seasonally adjusted) unemployment rate jump to 6.3% (from an upwardly revised 6.1% in June) despite the creation of 38,500 new jobs. The markets had been expecting only about 10,000 new jobs but the unemployment rate …read more
Regional labour market data for June released by the ABS this morning shows the position in Cairns stuck around a Trend unemployment rate of 8% and falling to 3rd worst place, from 4th last month; this month just Wide Bay (10.2%) and Logan-Beaudesert (9.0%) have higher rates of Trend unemployment. …read more
After the stellar jobs numbers last month (at least, when considering the seasonally adjusted data…see commentary here) it came as no surprise to see a less remarkable set of figures today for June. The headline employment data saw an increase of 7,300 after May was revised slightly lower to +40,000. …read more
After yesterday’s disappointing regional data for May (see here) it is encouraging to see the quarterly Dept of Employment Small Area Labour Market (SALM) data for the first quarter of this year confirm the generally positive trend that we have been witnessing earlier this year. The SALM estimates are created …read more
The Trend of improving employment data for the Cairns region that we have been discussing this year appears to have come to a halt. Today’s release from the ABS of unadjusted labour market data for May has the headline unemployment rate in Cairns jumping to 9.8% (from 6.8% in April) …read more
The ABS jobs data for May has surprised on the upside. New jobs created (according to the headline seasonally adjusted series) were at 42,000; well in advance of estimates that centred around 12,000. However, what has been less commented upon is the fact that the April decline (originally slated as …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series