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Following on from our post the other day, Gene Tunny over at Queensland Economy Watch has used our Conus Trend data to compare jobs growth in SEQ (Brisbane plus the Gold and Sunshine Coasts) with the Rest of QLD. What he finds clearly shows the sharp disparity between what has been …read more
Our new Conus Trend employment data for all the QLD regions (available here) allows us to look in more detail at how jobs growth has been split between Greater Brisbane and the Rest of QLD. In the chart below we have taken the 12 month moving average of our own …read more
Today’s release of regional labour force data from the ABS shows the unadjusted unemployment rate in Cairns ticking higher to 8.2% in June (from 5.3% in May). However, as ever, we really need to consider the Conus Trend series to make any sense of this highly volatile data. The Conus …read more
Despite a tick up in the headline, seasonally adjusted, unemployment rate in June to 6.0% (from an upwardly revised 5.9% in May), the data is certainly not all bad. Jobs increased by 15,900 in the month with a decline of 3,800 full-time jobs more than offset by 19,700 new part-time …read more
Data out overnight has shown the US labour market continuing to improve. Non-farm payrolls increased by 288,000 in June (far better than had been expected). Data for April and May was also revised higher with an additional 29,000 added to the two months. With participation remaining fairly static at 62.8 …read more
Gene Tunny over at Queensland Economy Watch has posted an interesting graph of jobs vacancies in QLD. As Gene notes, the current weakness in vacancies could well signal a subdued outlook for the state’s labour market in coming months. Last month’s unemployment rate for QLD fell slightly (see our commentary …read more
In today’s Cairns Post Nick Dalton has a piece about youth unemployment in Cairns. Although we are gratified to discover that Nick is actually reading this blog, it appears that he is still somewhat confused about the actual data. Nick says “Last month youth unemployment was 21.8 per cent, according to the …read more
We have today returned from a trip up to Cape York and have now had time to look at the employment data for May released during our absence.The data for QLD showed a decline in the headline unemployment rate to 6.2% (from 6.3%) with a very encouraging increase of 18,200 …read more
“Building approvals, tourism figures, unemployment rate, real estate market, private sector investment…all much stronger now than at any point of the past five years under the former Labor Government.” So says Member for Cairns Gavin King on his Facebook page referring to a speech he made in parliament on May …read more
There is much talk in the media about the potential jobs impact if/when the Aquis integrated-resort goes ahead north of Cairns. The company’s statements talk of 3,750 jobs in the construction phase rising to about 11,000 when fully operational in 2018. To put these numbers in some context let’s just …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series