For years we have been bemoaning the lack of quality data provided by the ABS at a regional (SA4) level. In particular the labour market data has been a major gripe of ours. How can we expect State and Local Governments to be making sensible policy decisions when they are …read more
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
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
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
Last week saw the release of the Dept of Employment Small Area Labour Market data for the March quarter. This series is based on ABS data as well as Centrelink and Census data and is the only reliable source of unemployment information at a Local Government Area level. However, the …read more
Today sees the release of the April regional Building Approvals data from the ABS. As always we focus on the Conus Trend data series rather than the highly volatile original series as presented by the ABS. Looking at the SA4 level first, we see Cairns approvals stable at a Trend …read more
Many commentators have written about movements in the Participation Rate (PR) and the impact this can have on unemployment rates (one such recent example from Nick Behrens at QEAS). The discussion is certainly a valid one, but in this post we want to try and dig a little deeper into what …read more
Today’s ABS regional labour force data for April needs to be looked at through the lens of the Conus Trend to make any real sense. What the data shows us is Cairns slightly weaker while Townsville continues its trend of improvements (from a low base). The Conus Trend unemployment rate …read more