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Last week the Govt confirmed the details of the JobKeeper extension (JK 2.0) which will be in place when the original JobKeeper (JK 1.0) expires at the end of Sept. Details are available at the Treasury website. Essentially for a business to be eligible for JK 2.0, from October to …read more
In common with the national and State data seen last week (see here for details) the regional data for June shows an improvement across many regions. The Conus/CBC Staff Selection Trend shows a similar story panning out across both Greater Brisbane and the Rest of QLD. In Greater Brisbane Trend …read more
Today’s June Labour Force data has provided something for everyone…and a big surprise for most. Expectations had been for employment to improve by about 100K in June with the unemployment rate either going up slightly, staying stable, or moving down slightly depending upon what you thought participation was going to …read more
Payrolls data from the ABS (sourced weekly from the ATO’s Single Touch Payroll system) shows that payrolls across the nation were down 5.7% by the 27th June from their levels in mid-March. Across Queensland the decline was slightly better at 5.2%. Data at the regional level at this stage is …read more
The release today of the ABS original labour force data at the regional level allows us to update our Conus/CBC Staff Selection Regional Employment Trend series (please see the note at the start of a previous post regarding Trend data at a time of such high volatility). While employment has …read more
The Dept of Social Services today released the latest JobSeeker data for May. It shows the total of those claiming JobSeeker and Youth Allowance (other) has increased by another 21.8% since April with now 1,635,286 people claiming the benefits. This is up from 442,500 claiming the old Newstart and Youth …read more
Despite some encouraging Payrolls data from the ABS and ATO for May from earlier this week (about which we advised a good deal of caution..see here) today’s Labour Force data for May shows another substantial decline in the number employed and, perhaps surprisingly, another drop in participation. Note; The ABS …read more
Today’s release of the March 2020 quarter Labour Account data series provides a wealth of information. One thing it allows us to do is take a look at incomes across various industry sectors and how they have changed in the past 12 months. The data provides us, for each industry …read more
There has been a lot written about the fact that the Participation Rates across Australia fell sharply as the effects of the COVID-19 lock-down took effect. These falls at national, state and regional level had the effect of suppressing the anticipated rises in the unemployment rates. Participation rates, prior to …read more
Much has happened since we last updated our model projections. We’ve had the ABS regional labour force data (see here for commentary and the Conus/CBC Staff Selection Trends) which showed large declines in participation across the nation, state and regions; the ABS produced their Payroll data up to the week …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series