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The final data for JobSeekers from the Dept of Social Services for June was released this morning. It shows another decline across the nation to 1.1 million people who are receiving either JobSeeker or Youth Allowance (other) payments, a decline of 31% from a year ago. Queensland has also fallen …read more
The June labour market survey data from the ABS released this morning has (once again) exceeded market expectations; although it’s not all great news. Employment lifted by 29,100 in the month and is now up 6.3% from a year ago (or 777,900 more people employed than at this stage last …read more
Having seen an easing in residential building approvals both nationally and at the State level reported last week it is no surprise to see the same trend playing out at the regional level in Queensland. ABS original data to May, when seen through the lens of the Conus Trend, sees …read more
The Monthly Snapshot domestic tourism data from TRA for April, released yesterday, shows how strongly this sector continues to perform. overnight Expenditures across Australia lifted to $8.16 bn and are now 6.5% higher than they were 2 years ago in April 2019 (even allowing for 3.8% growth in CPI over …read more
The National Visitor Survey for the March quarter adds some detail to our understanding of the domestic tourism scene which the monthly snapshot release has been unable to provide. It confirms that quarter-on-quarter domestic visitors are up 0.4% nationally with expenditures virtually unchanged. On a year/year basis visitor numbers are …read more
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
The ABS original regional labour force data yesterday has allowed us to update the Conus/CBC Staff Selection Trend Regional Employment Trend series for Queensland for May. What we see is strong growth across the State (as expected after last week’s release of the State data showed the unemployment rate falling …read more
Continuing the trend that has been in place almost every month since the middle of last year, Jobseeker numbers for May have again dropped. Across the nation the number claiming JobSeeker or Youth Allowance (other) in May fell by about 44,000 from April (-3.7% m/m). Queensland saw a 9,200 decline …read more
The May labour market data from the ABS has been released this morning and has exceeded even the most bullish of analyst’s forecasts. While employment had been expected to bounce back from a weaker April and be up about 30-31K, the unemployment rate was forecast to remain unchanged around the …read more
The latest Google Mobility data (to 13th June) confirms that the surge seen in Cairns over the Easter holiday period has been sustained. The 7-day average for Cairns now sits at +5.3%, which is 16.3 ppts better than the national figure, 8.5 ppts better than QLD, 12.9 ppts above Brisbane, …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series