Labour Force; national data hit by lockdowns while QLD powers ahead

The Labour Force data for Sept from the ABS this morning show us the impact that lockdowns in NSW, Victoria and the ACT are having while also confirming that QLD (which has been largely exempted from the Delta pain felt elsewhere) has seen very solid improvements. Across the nation as …read more

The gloomy stat behind Cairns’ good-looking unemployment rate

Although Cairns’ unemployment rate looks wonderful (4.6% Trend & 4.1% s.a. Conus/CBC Staff Selection series) there is a gloomy statistic which highlights how far behind the rest of the State the region is tracking. When we consider the rate of employment growth in Cairns relative to other places across the …read more

Regional inflation; an update

The ABS-produced┬áConsumer Price Index (CPI) measures inflation for a basket of good and services in the 8 Capital Cities and then uses that data to produce a weighted average for the nation. This is the headline inflation number with which we are all familiar; and in the second quarter of …read more

Zero hours and declining participation drive ‘effective unemployment rate’ higher

We have previously discussed the idea of effective unemployment rates which take into account the distorting effects of workers on zero hours and moves in participation rates on headline unemployment rates (see here for one of our earlier explainers). When we crunch today’s labour force numbers for August we see …read more

Regional Domestic Tourism boom continued into June

Tourism Research Australia have released their monthly Snapshot domestic tourism data for June; and it confirms that the domestic regional tourism boom which started last year continued into the middle of this year. Clearly, the lock-downs in NSW, Victoria and ACT are likely to have changed that picture significantly from …read more

Employment projections show Regional QLD doing well over next 5 years

The National Skills Commission has released their employment projections out to November 2025 (based on ABS industry employment data to Nov 2020). These provide us with a look at what the Commission are expecting in terms of employment growth and which industry sectors are likely to see what growth. The …read more

Employment edges higher in July despite lockdowns

Against the expectations of many employment lifted slightly in July, up by 2,200 (there was at least one notable exception to the those expecting a fall; Justin Smirk at Westpac was calling for a lift in employment and his note is well worth reading for insight into why today’s numbers …read more

Regional Inflation; a first look

The ABS-produced Consumer Price Index (CPI) measures inflation for a basket of good and services in the 8 Capital Cities and then uses that data to produce a weighted average for the nation. This is the headline inflation number with which we are all familiar; and in the second quarter …read more

Public/Private Sector Employment data shows QLD doing well

The recent quarterly Labour Force data from the ABS for the May quarter provides us with an insight into the split between Public and Private Sector employment at national and State levels. The data is provided only in its original, unadjusted form and we use this to estimate a Conus …read more

Domestic Tourism; expenditure to Feb fell 13% across Australia

Monthly snapshot data from Tourism Research Australia (see here) shows that domestic tourism expenditures fell 13.1% in the year to Feb across Australia. However, with the notable exception of regional QLD which saw a 6.2% reduction after some very strong data in previous months, regional areas in all States saw …read more

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