The ABS original data for regional labour force was released this morning (along with some adjustments caused by the labour force re-benchmarking released earlier this month) and, as always, we need to consider this highly volatile data set in light of the Conus Trend to make much sense of it. …read more
The release by the Dept of Employment of their Small Area Labour Market (SALM) data for the third quarter to Sept 2016 confirms the weaker story that we’ve been seeing in Townsville. The SALM data is based on a range of indicators including ABS Labour Force data for the SA4 areas, …read more
ABS released their monthly unadjusted regional building approvals data for October this morning and we have updated our own Conus Trend series. Given the declines at a state level it is little surprise to see Trend approvals in our region also falling. At the SA4 level we see Cairns Trend …read more
The release today by the ABS of their original, unadjusted regional labour force data allows us to update our own Conus Trend series. What we see is (again) confirmation of the improving story in Cairns but, unfortunately, a reversal of the brighter picture for Townsville that we noted (and questioned!) …read more
ABS data this morning for residential Building Approvals in the Far North paint another disappointing picture after a weak month previously (see here). The original data for September shows that an apparent slight recovery in Townsville in August was merely a blip, and the ongoing weaker numbers elsewhere continue. As …read more
The ABS release of original regional labour force data for September, as always, needs to be considered in light of the Conus Trend to make much sense of what can be very volatile data. In Cairns we see the Conus Trend unemployment rate fall to 8.4% (after an unrevised 8.7% …read more
We have just returned from holiday so are now catching up on some data released during our absence. Last Tuesday saw the release of the ABS original regional building approvals data at both SA4 and Local Government Area level. Our own Conus Trend series help shed light on these highly …read more
Pete spoke to Pat Hession on ABC North Queensland this afternoon about the unemployment situation in Townsville. You can hear the segment below.
Last Thursday saw the ABS release their August monthly regional labour force data, and our own Conus Trend series (see here for details). They also released their quarterly data on regional employment by industry sector for the August quarter. This is presented on a quarterly basis as a rolling 4-quarter …read more
Pete was interviewed by Kier Shorey on ABC Far North this morning about the latest regional labour force data for Cairns and Townsville.