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Yesterday saw the release of the regional ABS Regional Building Approvals data for June. Having completed the Conus Trend analysis we can see that there is very little joy for the North in the numbers (not much of a surprise given the weakness in the State data…see commentary from last …read more
We should all be aware by now that the labour market picture in QLD is not a happy one; according to the latest ABS data for June the State’s unemployment rate stood at 6.5% (both s.a. and Trend) against that in the nation of 5.8% (s.a) or 5.7% (Trend). The …read more
Today’s building approvals data for June highlights the slowdown we’ve been seeing nationally for a few months; and also sees Queensland, which had been holding up, going into decline. At the national level seasonally adjusted approvals fell by 2.9% m/m and 5.9% yr/yr after previous months were also revised weaker. …read more
A more detailed analysis of the Conus Trend Queensland Regional Jobs data released yesterday (see here for comments and to download the data) shows us clearly how the Rest of Queensland (RoQ) is falling behind Greater Brisbane in almost all measures over the past 12 months. Greater Brisbane has added …read more
Today saw the release of the ABS Regional Labour Force data and we have now completed work on the full set of Conus Trend estimates. What we find is an improving story in Cairns driven by a pick up in full-time work and employment in the middle aged (25-44 years) …read more
Our recent posts on youth unemployment (see here for an example) have certainly created some interest. John McCarthy from the Courier Mail spoke to me on Sunday which resulted in an article in the paper on Monday, which was also picked up by The Cairns Post; it quoted extensively from …read more
The June labour force data released by the ABS today shows the headline (seasonally adjusted) unemployment rate nudged slightly higher to 5.8% (from 5.7%) on the back of a lift in the Participation Rate to 64.9, despite steady jobs growth of +7,900. Also on the plus-side was upward revisions to …read more
My previous posts on the levels of youth unemployment in the Queensland regions has certainly created some interest. In a story in today’s Courier Mail both sides of the political divide have attempted to use the original, unadjusted ABS data on youth jobs to score points. As is too often …read more
We have been working on completing the data set for Conus Trend unemployment rates for all the SA4 regions in Queensland by age groups and have now completed it. What the full data set shows us is an interesting look into the make-up of the unemployment challenge facing the State. …read more
Last month we noted that the Building Approvals data was being held firm by approvals for units (see here); this month that effect has reversed out as we see the May data fall on the back of weak unit approvals. In May total approvals fell by 5.2% m/m with house …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series