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Many commentators have written about movements in the Participation Rate (PR) and the impact this has on unemployment rates; if participation increases then any decline in the unemployment rate is harder to achieve with more people entering the labour force (and vice versa). The discussion is certainly a valid one, but …read more
The ABS release of the labour force survey data for Jan gives us our first look at how the employment picture started the year. On a seasonally adjusted basis employment jumped by 39,100 (with full-time positions up 65,400), much stronger than the market expectation of 15,000 increase. An almost-5,000 revision …read more
The ABS Short Term Arrivals data released this morning shows arrivals into Australia running at an annual pace of growth of 4.5% to Dec ’18. Chinese arrivals numbers, having been the leading light for so long, have continued to see their pace of growth slow and they are now increasing …read more
The release by Queensland Treasury of the State Accounts for the third quarter of 2018 appeared recently. While the ABS produce Gross State Product (GSP) data only on an annual basis at the June quarter, the QLD Treasury produce quarterly Trend estimates (albeit rather delayed). We have previously seen some …read more
The ABS have released their original, unadjusted December residential building approvals data for the regions this morning which allows us to update our own Conus Regional Building Approval Trend series. Given the poor showing at the state and national level that we saw last week, which showed a trend decline …read more
The release by the ABS of the original December regional labour force data allows us to update our own Conus/CBC Staff Selection Employment Trend series for the SA4 regions in QLD. What we see, once again, is the regions doing better than Greater Brisbane. With the ABS Trend unemployment rate …read more
Today’s Labour Force data for Dec from the ABS once again shows the headline, seasonally adjusted unemployment rate dropping (to 5.0% from 5.1%) on the back of a further lift in employment and a slight dip in Participation. The nation added 21,600 to those employed, although they were all in …read more
The ABS Overseas Arrivals and Departures data for November, released this morning, shows short term arrivals to Australia growing at 4.4% y/y (seasonally adjusted). Departures (original data) are up 4.0% annually and have been growing at close to this rate for the past year. The rapid growth we have been …read more
Today saw the release of the regional residential building approvals data from the ABS which allows us to update our own Conus Trend series; and what it shows is, as expected, the slowdown in the Far North continues with Townsville especially weak. With Trend approvals in Queensland falling in November …read more
Last month saw the release of the Labour Account series which provided details of income growth rates for various industry sectors (see here for our post at the time). Given the various income growth rates across industry sectors and combining this with the industry employment breakdown at the regional level …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series