While the Trend unemployment rate in Australia remains remarkably stable (stuck between 4.0% and 4.1% for more than a year), we are seeing some clear signs of the gradual easing in the labour market coming from the JobSeeker data. In March the Conus Trend estimate for JobSeekers edged higher to …read more
We are finally seeing some increase in the number of JobSeekers in the Cairns region. Having sat between 15,500 and 16,000 for more than a year, the October data confirms a gradual increase having been in place in the Trend since July. Trend JobSeekers now sit at 16,399 (its highest …read more
Today’s release by the DSS allows us to update our Conus/CBC Staff Selection Regional JobSeeker Trend series. What this shows is that, despite signs of a gradual weakening in the labour markets across the nation and State, we are not seeing that reflected in the North. Trend JobSeekers across Australia …read more
Data today from the Dept of Social Services shows that the total number of JobSeekers in the Cairns region has fallen in January, after a modest increase at the end of last year. When we consider the original, unadjusted data through the lens of the Conus/CBC Staff Selection Trend we …read more
Having briefly dipped below 1 million in November today’s JobSeeker data for December shows the trend reversing and the total number claiming benefits back above 1 million (1,028,564). The move is reflected in Queensland where JobSeekers are at their highest level since August (231,231). In Cairns we also see a …read more
Data released this morning by the Dept of Social Services shows JobSeeker numbers across the nation fell slightly in Sept although our own Conus/CBC Staff Selection Trend series suggests a slight increase which brings the y/y decline to 33.2% (from 33.3% last month). In Queensland, again the original data shows …read more
The Dept of Social Services data for JobSeeker numbers in August, when seen through the lens of the Conus seasonally adjusted series, showed a small 0.9% m/m increase across Australia, although this still represents a 33.6% decline from a year earlier. Queensland was up 3.2% m/m and is now down …read more
Data released today by the Dept of Social Services show that JobSeekers (those receiving JobSeeker and Youth Allowance (other) payments) fell in July in Queensland by 6.1% m/m; this was the best performance of all States and Territories. Across Australia JobSeekers were down just 2.1% due to an increases in …read more
The final data for JobSeekers from the Dept of Social Services for June was released this morning. It shows another decline across the nation to 1.1 million people who are receiving either JobSeeker or Youth Allowance (other) payments, a decline of 31% from a year ago. Queensland has also fallen …read more
Data for May shows online job vacancies in the Far North have jumped again and are now up 102.6% for the year. However, despite solid improvements in JobSeeker numbers in the region, those registered at CentreLink remain elevated compared to the pre-COVID period. The vacancy numbers confirm what many on …read more