After the positive national and state jobs data for March released last week (see here), once again we are faced with very disappointing regional data in the Far North. The headline unemployment rate for Cairns is back above 10% (10.1%) for the first time in 2 years. The headline number …read more
After the surprise strength of last month’s jobs data, the markets were bracing for a disappointing set of jobs numbers this morning for the March data. In fact the result has once again surprised on the up-side with jobs up 18,100 (expectations had been for +2-7,000) and the headline unemployment …read more