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As we noted last week (see here), Queensland’s labour market has been performing relatively well during recent months with total employed up 1.1% in December from a year earlier (while nationwide that figure is a decline of 0.5%). Inevitably, with the Queensland Government’s own Public Service employment data (data only …read more
The Dept of Social Services data for JobSeekers shows total recipients edged higher in December. The number of those receiving JobSeeker or Youth Allowance (other) payments increased by 1.3% from November to 1.47 million. Our own Conus/CBC Staff Selection Trend, and the ABS labour force survey data for the number …read more
The September quarter National Visitor Survey from Tourism Research Australia was released today. It showed domestic overnight visitors across Australia fell by 30.6% for the year and expenditure was down 34.4%. Day visits fell 24.2% with expenditure down 24.6%. This equates to a decline of 32.0% in total domestic tourism …read more
The ABS December Labour Force data released today is broadly in line with market expectations, which in themselves were quite bullish. Employment lifted by another 50,000 from November and is now down just 0.5% from a year ago. The unemployment rate has again fallen to 6.6% even while the participation …read more
Data out this week from the ABS for Payrolls suggests that the labour market was actually stronger in early January this year than it was at the same time last. With a year’s worth of data we can now, for the first time, make year-on-year comparisons of this series. The …read more
Following last week’s data November release which showed year-on-year residential building approvals up 15% nationally and 32% in Queensland today we got the regional data release from the ABS which allows us to update our regional Conus Trend series. This showed that, although Greater Brisbane is doing better than the …read more
Data released this morning by the ABS for November residential building approvals show seasonally adjusted approvals were up across the nation by 2.6% m/m and are now 15.0% higher than at the same time last year. House approvals are up 34.5% y/y while unit approvals are down 12.2%. In Queensland …read more
Latest data from the Dept. of Social Services shows that the number claiming JobSeeker or Youth Allowance (other) payments have fallen by 2.9% in November. This brings the total receiving the payments to 1,454,869, which is down 11.0% from the May highs. Numbers in Queensland fell at a similar pace …read more
Once again the Labour Force data has surprised on the upside in November. While consensus expectations were around an increase in employment of 40,000 (our own projection was somewhat higher at 66,000…see here for details) the official figure showed a jump of 90,000 (almost all of which were in full-time …read more
The ABS weekly payrolls data (sourced from the ATO Single Touch Payroll system) updated its latest series yesterday and today. What we see is a clear national improvement being driven largely by the recovery in Victoria as the state continues to come out of lock-down. Victoria registered a 1.4% improvement …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series