The ABS regional labour force data needs to be seen through the lens of the Conus/CBC Staff Selection Trend to make much sense of the highly volatile original data. Today’s release of the data for June shows the Trend unemployment rate in Cairns dipping to 6.5% (from a downwardly revised …read more
The release of the Public Sector employment data for the March 2018 quarter allows us to take a look at which regions have seen the greatest increases in the past 12 months, and since the ALP came to power in 2015. What we see, when considering Full-time equivalents (FTE), is an increase …read more
With Australian and Queensland residential building approvals having fallen again in May (see here for details) it’s perhaps no surprise to see approvals at the regional level also falling. Based on our own Conus Trend series derived from the original ABS data at SA4 level, we see that Trend approvals …read more
The release by Tourism Research Australia of the 2016-17 Regional Tourism Satellite Accounts (available here) confirms the poor performance of tourism in the TNQ region that we’ve been discussing for some time. The graphic below (from TEQ) highlights the problems.Tourism Gross Regional Product (GSP) fell in TNQ by 1.7% while …read more
We recently saw the release by the Dept of Social Services of the May jobseeker data and allows us to update and release our own Conus/CBC Staff Selection Jobseeker Trend series. The original, unadjusted data for Cairns (made up of 5 relevant SA3 areas) shows the number of jobseekers decreased slightly in …read more
Today saw the release of the ABS original regional employment data. As always, we prefer to focus on this data through the lens of the Conus/CBC Staff Selection Employment Trend. When doing so we see a Tale of Two Cities in the North of the state. Cairns once again sees …read more
The Dept of Employment recently released the latest Small Area Labour Market (SALM) data at the Local Government Area level for the quarter to March 2018. Using the unsmoothed (original) SALM data, which is tucked away in the explanatory notes section, we have created a Conus SALM Trend series of …read more
The release by the ABS of the April regional building approvals data is best seen through the lens of the Conus Trend. In April we saw the ABS Trend for residential approvals in Queensland up by 5.6% for the year (see here for details). When we consider the Conus Trend …read more
Today saw the release by the Dept of Social Services of the April jobseeker data and allows us to update and release our own Conus/CBC Staff Selection Jobseeker Trend series. The original, unadjusted data for Cairns (made up of 5 relevant SA3 areas) shows the number of jobseekers decreased slightly …read more
The regional employment data for April from the ABS needs to be seen through the lens of the Conus/CBC Staff Selection Employment Trend to make much sense of. What this shows us is the picture in Cairns continues to deteriorate with Trend employment having fallen for 9 consecutive months. Trend …read more