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Once again we see a drop in the Conus/CBC Staff Selection Trend unemployment rate with the January data showing 5.4%. However, before we get too excited about what appears to be very positive news we should note that the reason for the fall is not improving employment but rather a …read more
Data from the Dept of Social Services released today shows that JobSeeker numbers (incl YA (other)) fell in January, continuing a pattern that had been briefly interrupted in December. The original DSS data showed JobSeekers had fallen by 102,758 (or 7%) between Dec and Jan. Since January 2020 this was …read more
Due to a written response by Treasury to the Senate COVID committee (available here) I’ve been able to update and rethink my estimates of JobKeeper in Cairns (SA4) and what might happen come March when the scheme is due to end. Treasury told the committee that JobKeeper recipients for the …read more
We have been highlighting for some time the fact that the Queensland labour market has benefitted from the positive health outcomes in the State (see here for the most recent December data) with both employment and hours worked per capita up since March. Back in November we discussed one of the reasons …read more
Last month we wrote of a surge in residential building approvals in the North. This month the story is even stronger. Following last week’s data December release which showed year-on-year residential building approvals up 23% nationally and 83% in Queensland today we got the regional data release from the ABS …read more
Residential building approvals data for Dec released this morning shows total Australian approvals up 10.9% m/m which brings them to 22.8% higher than a year ago. House approvals are up 55.4% y/y while units have fallen by 18.4% y/y. In Queensland the lift is even more impressive. Total approvals were …read more
Data on internal migration for the Sept 2020 quarter shows the trend of strong movement from cities into the regions in 2020 continued apace. Across the nation in the third quarter about 11,200 people left the capital cities to move to the regions (this comes on top of a similar …read more
The monthly National Visitor Survey snapshot data for October from Tourism Research Australia shows overnight domestic tourism expenditure was up 25% since March, although it remains down 39% from a year earlier. Queensland has seen the best state performance since March with expenditures up 99%, although they remain down 35% …read more
The release of original regional employment data for December by the ABS allows us to update the Conus/CBC Staff Selection Trend series. While employment across Queensland has lifted 27,250 during 2020 this latest analysis shows that the bulk of those gains have come from regional Queensland (Rest of QLD added …read more
As we noted last week (see here), Queensland’s labour market has been performing relatively well during recent months with total employed up 1.1% in December from a year earlier (while nationwide that figure is a decline of 0.5%). Inevitably, with the Queensland Government’s own Public Service employment data (data only …read more
We are proud to have CBC Staff Selection as supporters of the Conus/CBC Staff Selection Trend Employment and Jobseeker data series