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Today’s release by the ABS of regional jobs data, and our own Conus Trend analysis of that unadjusted data, shows Cairns powering ahead with the Trend unemployment rate falling to 5.3%. This is the lowest rate the region has seen since September 2008. Trend jobs have increased by 1,300 since …read more
We are delighted to see CCIQ making extensive use of the Conus Trend Industry Jobs data series in their Queensland Economic Update (download it here). The use of the Trend data allows a much clearer and timely picture of regional jobs in the various industries across Queensland than previously available. …read more
The ABS jobs data for June shows a total of 14,000 new jobs (seasonally adjusted) which was just slightly lower than market consensus expectations of a 14.4K increase. As expected the unemployment rate came in unchanged at 5.6% (after May was revised up from 5.5%). The good news lies in …read more
A fascinating post from Gene Tunny at Adept Economics over the weekend which attempts to dispel the (widely held) view that the North of the state has received less than its “fair share” of capital expenditure from Brisbane. Is North Qld under-funded by the State Government relative to the South East? …read more
The ABS released their regional (unadjusted) building approvals data this morning for May; we have constructed our own Conus Trend data and they show some improvement across the North. When we consider the data at the SA4 level we see that the Conus Trend has Cairns approvals up to 86 …read more
The ABS data for Building Approvals for May came in significantly weaker than had been expected with a fall of 5.6% m/m seasonally adjusted for a 19.7% decline on the year. The more stable (less interesting, and therefore less commented upon…but more reliable as an indicator) Trend series had approvals …read more
John MacKenzie from radio 4CA spoke to Pete this morning about last week’s regional jobs and industry data as well as yesterday’s Census release. You can hear the interview below.
The ABS present quarterly data for industry employment at a regional level. However, the data they supply is only available on an unadjusted 4-quarters average basis for the SA4 regions. This means that the data as presented paints a very delayed picture of the actual employment reality within the regions. …read more
The ABS regional jobs data for May was released this morning and we have completed our Conus Trend analysis. What it shows is the regions doing far better than Greater Brisbane on almost all measures. Over the year to May Trend jobs were up 31,000 in QLD, but 23,400 of …read more
As we have been expecting for some time, today saw the release of some major revisions to domestic tourism numbers for TNQ. Tourism Research Australia have released the National Visitor Survey report for the March 2017 quarter (available here) along with revisions to data going back to the 2014 year …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series